FX.co ★ Italian Producer Prices Fall for 1st Time in a Year

In November 2025, industrial producer prices in Italy experienced a 0.2% year-on-year decline, a shift after a 0.1% increase noted in October, and marking the first downturn since November 2024. The domestic producer prices saw a decrease of 0.3%, with increases seen in other manufacturing industries (+3.1%), basic pharmaceutical products (+2.8%), and metallurgy (+2.5%) being counteracted by reductions in electricity and gas supply (-3.8%). Conversely, prices for foreign goods rose by 0.6%, driven by transportation equipment (+6.4%) and food, beverages, and tobacco (+3.8%) within the euro area, as well as a 7.0% rise in other manufacturing industries outside the euro area. When excluding the energy sector, domestic producer prices grew by 1.0% annually and 0.3% on a quarterly basis. On a monthly scale, producer prices surged by 1%, the highest increase since June, rebounding from a 0.2% decrease in October, largely due to escalating energy prices, particularly in refined petroleum products and electricity.