FX.co ★ Italy Construction Output Growth Slows to 10-Month Low

In November 2025, Italy saw a 3.2% increase in construction output compared to the same month the previous year. This rise follows an upward revision to an eighteen-month high of 7.3% recorded in October, but it represents the slowest growth rate since January of the same year. On a seasonally adjusted basis, monthly output declined by 1.2% in November, following a revised 2.3% increase in October, which was the highest in six months. For the period from January to November 2025, construction activity grew by 4.8% compared to the corresponding timeframe in 2024.