10.09.202608:16:25UTC+00Italy Industrial Output Rebounds More than Expected

Italy’s industrial production rose by 0.7% month-on-month in July 2026, rebounding from a revised 1.1% decline in June and outperforming market expectations for a 0.3% increase. Output recovered across several categories: consumer goods grew by 2.1% (after a 0.5% drop in June), intermediate goods by 0.5% (after a 0.8% decline), and capital goods by 0.2% (after a 2.0% fall). By contrast, energy production fell by 0.9%, reversing a 0.2% gain in the previous month.

On an annual basis, industrial output was flat, following a 0.6% contraction in June and beating projections for a 0.6% decline. Energy production posted a strong increase of 6.4% (versus 0.9% previously), while the downturns in intermediate goods (-0.8% vs. -1.0%) and consumer goods (-1.2% vs. -3.2%) moderated. Capital goods slipped 0.1%, after a 0.8% rise in the prior month.

Among individual sectors, energy recorded the strongest annual gain, with output up 7.6%, closely followed by basic pharmaceutical products and pharmaceutical preparations, which rose 7.4%.