{"id":121598,"date":"2025-12-10T15:40:48","date_gmt":"2025-12-10T11:40:48","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=121598"},"modified":"2025-12-10T15:40:52","modified_gmt":"2025-12-10T11:40:52","slug":"italys-industrial-production-drops-1-in-october-underscoring-ongoing-manufacturing-weakness","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/italys-industrial-production-drops-1-in-october-underscoring-ongoing-manufacturing-weakness\/12\/10\/market-updates\/","title":{"rendered":"Italy\u2019s Industrial Production Drops 1% in October, Underscoring Ongoing Manufacturing Weakness"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<p>Italy\u2019s industrial output fell sharply in October, highlighting renewed pressure on the country\u2019s manufacturing sector after a brief rebound in September.<\/p>\n\n\n\n<p>Data released Wednesday showed <strong>industrial production declined 1.0% month-on-month<\/strong>, far worse than expectations for a 0.3% drop in a Reuters poll of analysts. The setback followed a <strong>2.7% rise in September<\/strong>, which had merely offset an identical decline in August.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Broad-Based Declines Across Sectors<\/strong><\/h3>\n\n\n\n<p>National statistics agency <strong>ISTAT<\/strong> reported that October\u2019s weakness extended across <strong>all major industrial groupings except energy<\/strong>, weighing on the overall performance for the quarter.<\/p>\n\n\n\n<p>Industrial output in the <strong>August\u2013October period fell 0.9%<\/strong> compared with the previous three months.<\/p>\n\n\n\n<p>On a workday-adjusted annual basis, production slipped <strong>0.3%<\/strong>, missing forecasts for a 0.2% increase and underscoring sluggish momentum in the eurozone\u2019s third-largest economy.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Growth Outlook Softens<\/strong><\/h3>\n\n\n\n<p>ISTAT last week revised Italy\u2019s <strong>2025 GDP growth outlook to 0.5%<\/strong>, down from a prior 0.6% estimate. The government\u2019s latest forecast also targets <strong>0.5% growth<\/strong>, following a 0.7% expansion recorded in 2024.<\/p>\n\n\n\n<p>In the third quarter of this year, GDP ticked up by just <strong>0.1%<\/strong>, after a slight contraction in the second quarter.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Manufacturing PMI Offers a Glimmer of Hope<\/strong><\/h3>\n\n\n\n<p>Despite the weak production data, there was a <strong>positive signal<\/strong> last week when the manufacturing Purchasing Managers\u2019 Index (PMI) moved back into <strong>growth territory in November<\/strong>, hinting that activity may be stabilizing after months of contraction.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Italy\u2019s industrial output fell sharply in October, highlighting renewed pressure on the country\u2019s manufacturing sector after a brief rebound in September. Data released Wednesday showed industrial production declined 1.0% month-on-month, far worse than expectations for a 0.3% drop in a Reuters poll of analysts. The setback followed a 2.7% rise in September, which had merely &hellip;<\/p>\n","protected":false},"author":9,"featured_media":71375,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[6928,6837,8633],"class_list":["post-121598","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-euro","tag-eurozone","tag-government-bonds"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/121598","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=121598"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/121598\/revisions"}],"predecessor-version":[{"id":121599,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/121598\/revisions\/121599"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/71375"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=121598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=121598"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=121598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}