Italy’s manufacturing confidence index climbed to 88.3 in October 2025, beating market expectations of 87.5 and up from an upwardly revised 87.4 in the previous month. The latest reading marked the highest level since May 2024, reflecting improved expectations for orders (3 vs 0.7 in September), production (1.9 vs -0.1), and liquidity conditions (29.6 vs 29.3). Additionally, sentiment remained positive over the outlook for selling prices (6.3 vs 5.1) and stocks of finished goods (2.3 vs 2.7). However, manufacturers remained cautious about the broader economic outlook (-12 vs -14.3), and confidence in employment prospects slipped modestly (1.3 vs 1.6).