Industrial producer prices in Italy fell 2.7% year-on-year in February 2026, deepening from a 1.6% decline in January and marking the sharpest drop since October 2024. Domestic prices fell 3.7%, pressured by a steep decline in electricity and gas supply (-12.4%) and continued weakness in coke and refined petroleum products (-5.5%). Meanwhile, foreign prices edged up 0.2%, supported by increases in transport equipment (+6.9% in the euro area) and other manufacturing industries, including machinery repair and installation (+5.4% in the euro area and +13.5% in non-euro markets). Excluding energy, domestic producer prices rose 1.1% year-on-year, unchanged from January. On a monthly basis, industrial producer prices fell 0.4%, reversing a 1.5% jump in January, which was the sharpest in a year. Over the three months to February, industrial producer prices rose 0.6% compared to the previous period.