Italy in April once again saw double-digit drops in industrial orders and turnover although domestic orders for automobiles rose 4.6% over April 2008, national statistics bureau Istat reported on Monday.
Compared to April of last year, orders tumbled 32.2% and turnover sank 22.2%, while compared to March orders slipped 3.7% and turnover was unchanged.
Although year-on-year domestic orders for the automobile sector climbed 4.6% in April, demand from abroad plummeted 44.5%.
This resulted in an overall decline of 20.2%, while turnover fell 5.5% at home and 58.1% from abroad, bringing the overall decline in turnover to 31.1%.
