Italian industrial production proves resilient in April

Italian industrial production proves resilient in April

The latest data on Italian industrial production indicates a surprising resilience, with April marking the third consecutive month of growth. Per the full note from ING, production increased by 0.5% month-on-month, supported by gains in investment and intermediate goods. However, caution is warranted as the driving factors behind this uptick may be temporary, suggesting that while the data might keep Italy out of GDP contraction, sustainability remains in question. The desk anticipates ongoing scrutiny of these trends as they evolve amidst underlying economic uncertainty.

Italian industrial production increased again in March

Italian industrial production rose again in March, suggesting the manufacturing sector is showing signs of recovery after a prolonged downturn.

German industrial production defied worst-case fears in April, but stagnation persists

Italian industrial production increased again in March

The desk posits that Italy's recent uptick in industrial production, as noted in the latest report, suggests a potential stabilization of the economy amidst geopolitical turmoil. Per the full note from ing-think, this resilience in manufacturing could indicate that Italy may avoid economic contraction in the second quarter. Current consensus targets for EUR/USD reflect a cautious optimism, with key players like **jpmorgan** projecting a target of 1.10 by March 2026. With no significant calendar events in the immediate future, market participants will be closely monitoring further data releases to gauge the sustainability of this trend.