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06.10.202607:30:00UTC+00Italy’s Construction Sector Rebounds as HCOB PMI Climbs to 46.5 in September

Italy’s construction sector showed signs of recovery in September, with the HCOB Italy Construction Purchasing Managers’ Index (PMI) rising to 46.5 from 41.7 in August 2026, according to data updated on 6 October 2026.

On a month-over-month basis, the improvement suggests a notable easing in the contraction that characterized the sector in late summer. While the index remains below the 50.0 threshold that separates expansion from contraction, the steady move higher from August’s level indicates that the pace of decline has slowed markedly heading into autumn.

The latest reading, covering September 2026, will likely be watched closely by market participants and policymakers for confirmation of a possible turning point in Italy’s construction activity after a weaker August performance. The figures compare the current month’s change against the previous month, highlighting the sequential improvement in sentiment and conditions within the industry.

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