The state of Italy's manufacturing sector took a downturn in June 2025, according to the latest HCOB Italy Manufacturing PMI data released on July 1. The indicator reached 48.4 during the month, a decline from May’s 49.2, signaling a loss in momentum for the industry.
This decrease from a previously near-stabilizing mark suggests contraction as it falls further below the 50 threshold, which typically separates expansion from contraction. Sector analysts are closely monitoring this trend, especially given the challenges facing the global manufacturing environment, including supply chain adjustments and fluctuating demand.
The updated figures place pressure on policy-makers to address underlying factors that may have contributed to the decrease, including labor market conditions and external economic influences. Stakeholders within Italy and across the Eurozone will be keenly focused on subsequent PMIs and related metrics to gauge if this downturn persists or if recovery measures take hold.