FX.co ★ Italian Industrial Output Slips 0.4% in December, Snapping November’s Momentum

Italy’s industrial production fell by 0.4% month-over-month in December 2025, reversing part of the gains seen in November, according to data updated on 11 February 2026. The decline follows a 1.5% increase in November 2025, highlighting renewed volatility in the country’s manufacturing and industrial sectors.

The current figure compares the change in December output relative to November, while the previous reading measured November’s growth against October. The shift from solid growth to contraction suggests that the year-end period brought a loss of momentum for Italian industry, after a brief uptick in activity heading into the final months of 2025. Investors and policymakers will now be watching upcoming releases closely for signs of whether December’s downturn proves temporary or marks the start of a weaker trend.