Latest reading: Industrial production increased 8.2% in annual terms in June, following 4.7% growth in the previous month. Relative to...
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 | -4.0 | -0.3 |
Industrial production shrinks in May
Latest reading: Industrial production declined 0.3% in seasonally adjusted month-on-month terms in May, following 0.4% growth in the prior month. Relative to the previous month's figures, the reading for manufacturing softened in May (-0.4% on a seasonally adjusted month-on-month basis vs +0.3% in April). In contrast, readings improved for mining and quarrying (-0.3% vs -4.5% in April) and electricity, gas, steam and air conditioning (+4.6% vs -0.9% in April). In annual terms, industrial production rose 1.1% in May, following 1.0% growth in the previous 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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