FX.co ★ Italy’s Industrial Slump Deepens as January Output Slips Further

Italian industrial production weakened again at the start of 2026, with output falling 0.6% month-over-month in January 2026, compared with a 0.5% decline in December 2025. The latest figures, updated on 13 March 2026, signal a modest but continuing deterioration in industrial activity.

On a month-over-month basis, the data show that not only did the sector fail to stabilize after December’s contraction, but the pace of decline slightly intensified. The comparison highlights that the January reading reflects a further step down from already negative momentum at the close of 2025, as December’s -0.5% was itself measured against the previous month.

The back-to-back monthly drops underscore ongoing pressure on Italian industry, with the latest report suggesting that productive activity has yet to find a clear footing in early 2026. Investors and policymakers are likely to watch upcoming releases closely for signs of whether the downturn in industrial output persists or begins to ease in the months ahead.