June 20 (Reuters) - Italian seasonally adjusted industrial orders rose 0.6 percent month-on-month in April, following a 1.8 percent increase in March, offering some faint hope of a pick up for the recession bound economy, data showed on Thursday.
Orders in April were down 1.6 percent in unadjusted year-on-year terms after a 10.0 percent fall the month before, national statistics bureau ISTAT reported, posting the sixth consecutive annual decline.
Industrial sales rose a seasonally adjusted 0.6 percent month-on-month in April after a fall of 0.9 percent in March, and were down a work-day adjusted 7.2 percent year-on-year.
Industrial sales have now fallen year-on-year for 16 months running.
All the data are expressed in value terms and are not adjusted for increases in consumer prices.
Industrial output for April, already issued by ISTAT earlier this month, was weaker than expected, falling 0.3 pct m/m after a 0.9 percent drop in March.
ISTAT gave the following details for industrial orders and sales:
INDUSTRIAL ORDERS April 2013 March 2013 Feb 2013
Month on month change** 0.6 1.8r -2.4r
Domestic orders -1.3 0.1r -2.3
Foreign orders 3.2 4.2r -2.5r
Year on year change -1.6 -10.0 -7.9
Month on month change** 0.6 -0.9 -1.0r
Domestic sales -0.3 -1.7 -1.4r
Foreign sales 2.4 0.5 -0.3r
Year on year change* -7.2 -7.6 -6.0
* work-day adjusted
(Reporting by Gavin Jones; Rome newsroom +39 06 8522 4350, email@example.com)
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