FX.co ★ Italian Industrial Output Slips 0.3% in May, Reversing April Gains

Italy’s industrial production declined in May 2026, interrupting the modest growth seen a month earlier. According to the latest data updated on 10 July 2026, output fell 0.3% month-over-month, following a 0.4% increase in April 2026.

The figures are based on a month-over-month comparison, where the May reading is measured against April, and the April result is measured against March. The shift from a 0.4% rise to a 0.3% drop suggests a loss of momentum in Italian industry as the second quarter progresses, raising questions about the durability of the sector’s recent recovery trend.