Industrial production in Italy starts growing again

After 26 months of downward trend, industrial production is rising again. This is what emerges from the Istat tables on the historical series indices, which show a slight increase in trend of 0.3%. “The improvement in industrial production recorded in April is a sign of how our economy, despite a context of great difficulty, continues to show important signs of liveliness”, comments the Confcommercio Research Office. “Net of specific cyclical movements, it is evident that, after the negative peak reached in the final part of 2024, the beginning of 2025 was characterized by a marginal trend towards recovery. A trend that seems to significantly involve consumer goods. This element could underlie a more brilliant trend in consumption in the coming months, allowing the achievement of GDP growth, overall for the year, of 0.8%”. The Confcommercio Research Office concludes.

The continuous rate cuts and a less severe drop in orders are finally pushing Italian industrial production to take a hit. In April it jumped 1% compared to March, exceeding the forecasts of zero growth. Furthermore, after 26 consecutive months of a trend decline, a +0.3% year-on-year was recorded. On average in the February-April period – Istat highlights – the increase in the level of production is 0.4% compared to the previous three months. Month-on-month, good performance for consumer goods (+1.8%), instrumental (+0.8%) and intermediate (+0.2%). The data, accompanied by a more robust cyclical growth (April 2025 over March 2025), outlines a picture in which stability seems to be prevailing over recession again, although without yet indicating a consolidated recovery. The analysis of the various sectors reveals a heterogeneous dynamic, with sectors recovering and others that continue to show signs of strong weakness.

On a trend basis, energy +1.8% and consumer goods +1.1%. On the other hand, intermediate goods (-0.4%) and capital goods (-0.7%) are decreasing. In particular, the sectors of economic activity that are recording the greatest trend increases are the wood, paper and printing industry (+4.7%), the supply of electricity, gas, steam and air (+4.3%) and the manufacture of computers and electronic products (+3.3%). The largest declines are recorded in the production of basic pharmaceutical products and pharmaceutical preparations (-11%), in the manufacture of means of transport (-9.5%) and in the manufacture of coke and refined petroleum products (-5.0%). “In April, the seasonally adjusted index of industrial production recorded a quarterly increase (+1.0%); moderate growth is also observed on a quarterly basis (+0.4%).

"After 26 months of contraction, industrial production is finally growing again. A clear, concrete signal that demonstrates the validity of the reforms implemented by the Meloni Government and the newfound confidence of the Italian production system. The 0.3% increase recorded by Istat is not just a statistic: it is proof that Italy is raising its head, that the direction taken is the right one and that work pays off". Fabio Pietrella, deputy of Fratelli d'Italia and member of the Commission for Productive Activities of the Chamber, writes in a note, commenting on the data released today by Istat.

The article Industrial production starts to grow in Italy comes from Scenari Economici .

This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/trona-a-crescere-la-produzione-industriale-in-italia/ on Tue, 10 Jun 2025 13:45:25 +0000.