Italy’s industrial turnover falls 1.0% in June 2026

Italy’s industrial turnover fell 1.0% month-on-month in June 2026, reversing a downwardly revised 0.5% increase in May. Sales declined in both domestic and foreign markets, by 1.0% in each case, compared with May increases of 0.1% and 1.3%, respectively. On an annual basis, industrial turnover rose 3.1% in June, indicating continued expansion but a loss of momentum. The new data describes the annual figure as non-seasonally adjusted and puts May’s revised increase at 5.3%, while the existing calendar-adjusted series recorded May growth of 5.2%. Calendar-adjusted annual growth in June was 3.1%, with domestic sales up 2.3% and foreign sales 4.6%, compared with 4.7% and 6.2% in May. Turnover fell only for consumer goods, down 1.2%, while energy rose 22.2%, intermediate goods increased 5.4% and capital goods gained 0.8%. Services-sector turnover was unchanged month-on-month after rising 0.2% in May, while seasonally adjusted industrial turnover increased 1.2% in the second quarter. The slowdown may reflect weaker demand, persistent inflation, higher borrowing costs and softer global trade, and could influence business production decisions and expectations for eurozone monetary policy.

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