Latest reading: Industrial production increased 3.8% on a year-on-year basis in March, following a 3.8% decline in the previous month....
Industrial Production in Italy
The Italian economy recorded an average industrial production growth rate of 0.1% in the decade to 2024. In 2024, industrial production growth was -4.0%. For more industry information, visit our dedicated page.
Italy Industry Chart
Note: This chart displays Industrial Production (annual variation in %) for Italy from 2014 to 2025.
Source: Macrobond.
Italy Industry Data
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Industrial Production (ann. var. %) | 11.8 | 0.4 | -2.1 | -3.9 | -0.4 |
Industrial production rebounds in February
Latest reading: Industrial production rose 0.1% in seasonally adjusted month-on-month terms in February, following a 0.6% decline in the previous month. Relative to the prior month's data, readings in February improved for manufacturing (+1.1% in seasonally adjusted month-on-month terms vs -1.4% in January) and mining and quarrying (+1.8% vs -1.7% in January). In contrast, the reading for electricity, gas, steam and air conditioning worsened in February (-4.8% vs +3.4% in January). In annual terms, industrial production was up 0.5% in February, following a 0.5% drop in the prior month.
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Italian industry projections for the next ten years from a panel of 12 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable industry forecast available for Italian industry.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Italian industry projections.
Want to get access to the full dataset of Italian industry forecasts? Send an email to info@focus-economics.com.
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