Italy’s industrial production rose 0.4% MoM in July 2025 (seasonally adjusted), with output up 0.9% YoY on both calendar-adjusted and unadjusted terms, reflecting modest annual growth but weak monthly momentum.

• The 3-month moving average rose +0.2% versus the previous three months, pointing to a slight upward trend.

• Coke & refined petroleum products posted the strongest YoY gain at +10.8%, followed by computer & electronic products (+6.4% YoY) and food/beverages (+5.7% YoY).

• Machinery and equipment rose +5.2% YoY, while pharmaceuticals increased +4.8% YoY.

• Broader manufacturing activity grew +2.0% YoY, supported by sectors such as electrical equipment (+1.7% YoY) and fabricated metals (+0.9% YoY).

• Chemicals (-2.7% YoY), rubber/plastics (-1.6% YoY), and textiles (-1.5% YoY) registered contractions, showing weakness in some industrial segments.

• Electricity, gas, steam & air conditioning supply plunged -9.4% YoY, the sharpest decline among all categories.

• Transport equipment (-0.1% YoY) and wood/paper (-1.1% YoY) also slipped, weighing on overall growth.