FX.co ★ Italian Industrial Output Slips Back into Contraction in January

Italy’s industrial production fell back into negative territory at the start of 2026, with output declining 0.6% year-over-year in January. The latest figure marks a sharp reversal from December 2025, when industrial production had grown 2.7% compared with the same month a year earlier.

The data, updated on 13 March 2026, indicate that the strong year-over-year growth seen at the end of 2025 did not carry over into the new year. January’s reading compares the change in output to January a year ago, while December’s result reflected the change versus December a year earlier, highlighting a clear loss of momentum in Italy’s industrial sector as 2026 begins.