Italy’s industrial production rose 1.2% month-on-month in September 2026, reversing an unexpected 1.2% decline in August. The increase exceeded the 0.8% rise expected in a Reuters survey of 17 analysts, although an earlier record cited a 0.7% forecast. August’s decline was revised from 1.3%. On a workday-adjusted annual basis, output fell 0.1% in September after a revised 0.2% increase in August. Capital goods rose 1.3% month-on-month and intermediate goods increased 1.2%, while consumer goods fell 0.2% and energy declined 1.4%. Transport equipment manufacturing rose 7.3% year-on-year and electricity and gas supply increased 5.8%, while chemical production fell 8.3%. Average industrial output declined 0.4% in the third quarter after rising 0.3% in the previous quarter. Italy’s economy was flat in the third quarter, and Prime Minister Giorgia Meloni’s government raised its growth forecasts to 1% for this year and 0.8% for 2027, from 0.6% and 0.6%, respectively. Italy’s GDP grew 0.6% in 2025.