Industrial producer prices in Italy fell 2.7% year-on-year in February 2026, extending January’s 1.6% decline and marking the sharpest drop since October 2024. Domestic prices decreased by 3.7%, weighed down by a steep fall in electricity and gas supply (-12.4%) and persistent weakness in coke and refined petroleum products (-5.5%).
By contrast, foreign market prices inched up 0.2%, supported by higher prices for transport equipment (+6.9% in the euro area) and for other manufacturing activities, including machinery repair and installation (+5.4% in the euro area and +13.5% in non-euro markets).
Excluding energy, domestic producer prices rose 1.1% year-on-year, unchanged from January. On a monthly basis, industrial producer prices declined 0.4%, reversing a 1.5% increase in January—the strongest monthly rise in a year. Over the three months to February, industrial producer prices were up 0.6% compared with the previous three-month period.
