TO February 2025 Italy recorded its 25th consecutive decline on a basis basis of theDestjalized production indexwith the data of the month that is Descended by 0.9% Compared to January 2025, and 2.7% compared to the same month of 2024. To report it is Istat, which also highlights how the negative dynamic concerns all the main groups of industries, with the only exception represented by those of energy. Among the most negative there are the instrumental assets (-3.3%), with machinery, transport and textiles-clothing descended respectively 9.5, 14 and 13%. Metallurgy, electronics and chemistry is also bad.
The decline of the destregional index
As mentioned, the decreased index of Italian industrial production fell in February 2025 of 0.9% compared to January, with drops equal to 3.3% for the capital goods and 2% and 1.9% respectively for those intermediate and of consumption. On a monthly basis, the index rises only for energy, of 4% to be exact.
The same scheme described can be seen in the correct index on a basic basis, with the energy that grows by 7.6% and instrumental, intermediate and consumption goods that drop respectively 9.8, 4.6 and 2%.
Who loses more and who is fine
By dividing the investigation into Istat into “vouchers and bad” of Italian production, we realize that the sectors that present greater increases tendency are:
- Supply of electricity, gas, steam and air, with a clear more 19.4%;
- wood, paper and printing industry, plus 3.4%;
- Food industries, drinks and tobacco, plus 1.6%.
For all the other sectors, however, the data are all with the least in front of the wider flexions affecting:
- production of means of transport, less 14.1%;
- Textile industries, clothing, skin and accessories, less than 12.9%;
- Cake manufacture and refined oil products, less 12%.
The negative weight of the car sector
The negative trend of the car sector is playing a lot of disadvantage of Italian data. In fact, Stellantis in the first quarter of 2025 reduced over a third of its production volumes which, previously, had been revised downward (data of the Fim-Cisl report). So here is not to be surprised if the Istat data on car production in February 2025 records one net fall of 33% compared to the same month of the previous year.
Investments and trust descend
A Another growth brake Italian production is represented by the investments which, as always happens in the stages of uncertainty, decrease. The start of Trump’s commercial war and the economic instability that derived from it certainly do not play in favor. The examples are not lacking: i Transition bonus 5.0 – also for a high procedural difficulty – they have so far had a limited pull of just 677 million tax credit booked (less than 11% of the total).
In this climate of contraction and uncertainty Citizens also suffer the sudden setbacks. In March 2025 Istat recorded for this factor the lowest value ever seen since November 2023, with the balance between optimists and pessimists on the prospects of the Italian economy which fell by 15 percentage points compared to February. Worse had only gone during the Covid-19 pandemic.
