Italy’s industrial production fell -2.4% MoM in August 2025 (seasonally adjusted), following a -0.6% decline in the three-month average, reflecting weaker momentum in output. On a calendar-adjusted basis, production declined -2.7% YoY, though the unadjusted index rose +5.7% YoY due to one fewer working day compared with August 2024.

• Industrial production (seasonally adjusted) fell -2.4% MoM, while the three-month moving average was down -0.6%, indicating sustained short-term weakness.
• On a calendar-adjusted basis, output decreased -2.7% YoY with 20 working days versus 21 in August 2024.
• The unadjusted index rose +5.7% YoY, reflecting calendar effects and nominal growth in some sectors.
• The general manufacturing index fell -0.7% YoY (calendar adjusted), pointing to overall industrial softness despite resilience in select export-oriented sectors.
• Pharmaceuticals recorded the strongest increase at +16.1% YoY, followed by transport equipment (+9.9%) and coke and refined petroleum products (+7.1%).
• Machinery and equipment rose +4.7%, and computer and electronic products gained +3.1%, showing strength in higher-value industries.
• The sharpest declines were in electricity, gas, steam, and air conditioning supply (-13.5%), other manufacturing (-6.4%), and mining and quarrying (-3.9%).