FX.co ★ Italy Industrial Output Unexpectedly Rises

In July 2025, Italy's industrial production saw a month-on-month increase of 0.4%, surpassing the previous month's 0.2% rise and defying market expectations, which anticipated a 0.1% decline. This represents the most significant monthly growth since April, highlighting ongoing recovery in Italy's historically challenged manufacturing sector. The positive shift was largely propelled by a rise in consumer goods production (2.1%), capital goods (1.6%), and intermediate goods (0.7%). Conversely, energy production experienced a notable decrease of 7.8%. Annually, industrial production advanced by 0.9% in July, bouncing back from a revised 0.7% downturn in the prior month. Noteworthy annual increases were observed in the manufacture of coke and refined petroleum products (10.8%), computers and electronic products (6.4%), and the food, beverage, and tobacco industries (5.7%).