Italy’s industrial production edged up by 0.1% month-on-month in February 2026, after a 0.6% fall in the previous month but missing market expectations of a 0.5% increase. Output rebounded in capital goods (1.1% vs -2.3% in January) and intermediate goods (0.2% vs -0.8%), though declines were seen in consumer goods (-0.4% vs -0.4%) and energy (-4.8% vs 3.4%). On a yearly basis, industrial output rose by 0.5%, in line with market forecasts and rebounding from a 0.6% decrease in January. Capital goods posted the strongest recovery (4.4% vs -0.4%), while intermediate goods increased slightly (0.1% vs -1.4%). Meanwhile, consumer goods continued to fall, albeit at a slower pace (-2.1% vs -3.3%), whereas energy production dropped by 2.1%, reversing a 9.1% growth in January. Among industries, the biggest gains were recorded in the manufacture of transportation equipment (10.0%), computers, electronics, and optical products (7.8%), and machinery and equipment (5.2%).

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