Italy’s industrial production inched up by 0.1% month-on-month in February 2026, following a 0.6% decline in January and falling short of market expectations for a 0.5% increase. Output recovered in capital goods (up 1.1% vs down 2.3% in January) and intermediate goods (up 0.2% vs down 0.8%), while declines persisted in consumer goods (down 0.4%, unchanged from January) and energy (down 4.8% vs up 3.4% previously).
On an annual basis, industrial production rose by 0.5%, matching market forecasts and rebounding from a 0.6% drop in January. Capital goods recorded the strongest recovery (up 4.4% vs down 0.4%), and intermediate goods posted a marginal increase (up 0.1% vs down 1.4%). Consumer goods output continued to contract, though at a slower rate (down 2.1% vs down 3.3%), while energy production fell by 2.1%, reversing a 9.1% year-on-year gain in January.
Across sectors, the largest increases were seen in the manufacture of transport equipment (up 10.0%), computers, electronic and optical products (up 7.8%), and machinery and equipment (up 5.2%).
