According to the Italian statistics office, ISTAT, industrial production fell in December across most sectors. The most pronounced declines were seen in the leather and footwear sector (-15.8%), wood and wooden goods (-13.7%) and electrical equipment (-13%).

However, a handful of industries reported growth during 2007 compared with 2006, with the monthly average production for rubber and plastic products up 3.4%, refined petrol up 3.3% and clothing and textiles up 3.2%.

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