FX.co ★ Italy Industrial Output Rebounds More than Expected

Italy witnessed a notable recovery in its industrial production, which surged by 2.8% month-on-month in September 2025. This marks a strong rebound from the previously adjusted 2.7% decline observed in August and surpassed market predictions of a 1.5% growth. All major industrial categories contributed to this increase, with energy leading the way at +5.4%, followed by capital goods at +1.4%, intermediate goods at +1.3%, and consumer goods at +1.0%. On an annual basis, industrial production rose by 1.5% in September. This is a significant turnaround from the prior month's adjusted 3% drop and contradicts market expectations of a 0.5% decrease. Notably, the manufacture of computers and electronic products exhibited the highest year-on-year growth at +12.3%, closely followed by the food, beverages, and tobacco sector at +9.2%, and the production of basic pharmaceutical products and preparations at +3.8%.