Back to today’s briefing

Story perspectives

Italy's Manufacturing Surges, Germany's Sector Slows Down

9/11/2025

50 12 Full Breakdown

Summary

Story summary

Italy's industrial output rose by 0.4% in July, following a 0.2% increase in June.
Year-on-year, output improved by 0.9% in July, up from a 0.7% decline in June.
Confcommercio reported growth in major industries, excluding energy.
A PMI survey showed Italian manufacturing returned to growth in August after 16 months of contraction.
Germany's manufacturing sector is slowing, indicated by a contracting PMI.

History

Historical Context

Italy's economy faced a significant recession in 2013, with GDP contracting by 1.9% and industrial output declining by 5.5%. This downturn followed a period of growth from 2004, which had seen an average increase of 1%. As of July 2023, industrial output has rebounded by 0.4%, indicating potential resilience amidst broader European economic challenges, particularly contrasting with Germany's slowing sector.

1 of 2

Story summary

Italy's industrial output rose by 0.4% in July, following a 0.2% increase in June.
Year-on-year, output improved by 0.9% in July, up from a 0.7% decline in June.
Confcommercio reported growth in major industries, excluding energy.
A PMI survey showed Italian manufacturing returned to growth in August after 16 months of contraction.
Germany's manufacturing sector is slowing, indicated by a contracting PMI.

1 / 2