Italy’s industrial production dropped 1.3% month-on-month in August 2026, reversing a downwardly revised 0.6% increase in July and compared with market forecasts for no change. Declines were recorded in consumer goods (-1.2% vs 2.0% in July), capital goods (-0.9% vs 0.1%), and intermediate goods (-1.8% vs 0.2%), while energy production rebounded (2.8% vs -1.2%). On an annual basis, industrial output was unchanged, following a revised 0.1% fall in July, as a sharp increase in energy output (11.5% vs 5.9%) and a rebound in capital goods (0.7% vs -0.2%) were partly offset by declines in consumer goods (-4.4% vs -1.3%) and intermediate goods (-4.0% vs -0.9%). Among sectors, electricity, gas, steam, and air conditioning supply recorded the largest annual increase (14.5%), while the textile, clothing, leather, and accessories industries saw the steepest decline (-14.0%).