Italian industrial output rose more than expected in November, boosting optimism that the euro region's third-biggest economy may start recovering from its longest recession on record.

Production increased 0.3 percent from October, when it stalled, national statistics office Istat said in Rome today. Economists had forecast a 0.1 percent increase, according to the median of 16 estimates in a Bloomberg News survey. Output fell 1.8 percent from a year earlier when adjusted for working days.

Read more

Source: http://www.bloomberg.com