03.11.202508:58:46UTC+00Italian Manufacturing Activity Nears Stabilization

The HCOB Italy Manufacturing PMI increased to 49.9 in October 2025 from 49.0 in September, surpassing market expectations of 49.3. This latest figure indicates a near stabilization within Italy’s manufacturing sector, reflecting an uptick in production and extended supplier delivery durations, often associated with enhanced supply chain activity. Nonetheless, these advancements were counterbalanced by reductions in new orders, employment, and inventory purchases, as overall demand decreased due to macroeconomic uncertainties and diminishing interest from significant trading partners like France and Germany. On the pricing front, input cost inflation surged to its highest since March, primarily driven by elevated raw material and shipping expenses. Meanwhile, output prices decreased at their fastest rate in eight months as companies reduced charges to boost sales. Encouragingly, business confidence rose to a 14-month peak, fueled by optimism regarding the acquisition of new clients and anticipated order growth.