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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
ItalyItaly Industrial Production MoM fell to 0.5% in April 2026
FMPMonthlyReleased June 2026
Italy Industrial Production MoM fell to 0.5% in April 2026, released June 2026, down 0.1% from March's 0.6% reading. The print exceeded the -0.1% consensus by 0.6%. The print is running well above the 12-month average of 0.13%. Over the past 3 months, Industrial Production MoM averaged 0.07%, vs 0.55% in the prior 3-month window. The reading is in the 73rd percentile of the trailing 24-month range.
Latest Release
0.5
Actual
-0.1
Consensus
0.6
Previous
Median Absolute Error
±0.7 percentage points
across last 12 releases
Last Call
Jun 2026
Predicted: -0.2
Actual: 0.5
Error: -0.7
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| S&P 500 | ▼ Inverse | −0.55 | INDEX | Bearish S&P 500 | → View |
| EUR/JPY | ▲ Direct | +0.37 | FOREX | Bullish EUR | → View |
| BTC/USD | ▲ Direct | +0.35 | CRYPTO | Bullish BTC | → View |
| EUR/USD | ▼ Inverse | −0.32 | FOREX | Bearish EUR | → View |
| XAU/USD | ▲ Direct | +0.28 | COMMODITIES | Bullish XAU | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Industrial Production MoM (Italy) was reported at 0.5% in June 2026. This beat the market consensus of -0.1% by 0.6%. The reading fell from the previous value of 0.6%. Trailing 12-month context per ETL data through June 2026. Over the past 12 months, the indicator has averaged 0.09%, ranging from -2.4% to 2.8% across 11 releases. This is classified as a medium-impact indicator released on a monthly basis.
WHY IT MATTERS
The trailing three releases averaged 0.2%, up from the prior three at 0.03%. Volatility over the past year (σ 1.3%) is comparable than the prior year (σ 1.39%). In June readings over the past 3 years, Industrial Production MoM has averaged 0.17%.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with S&P 500 (Bearish S&P 500). A secondary relationship exists with EUR/JPY, positively correlated (Bullish EUR). Over the last 12 releases, the Sigmacast model's median absolute error is 0.7%.
WHAT TO WATCH NEXT
The next release is scheduled for July 10, 2026. Same-country events in the next 14 days include Business Confidence (Jun 26) and Consumer Confidence (Jun 26).
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
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Industrial Production MoM - IT
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About Industrial Production MoM — Italy
DEFINITION
Industrial Production MoM (Month-over-Month) is a key economic indicator that measures the change in the total output of the manufacturing, mining, and utilities sectors within a specific country or region over a one-month period. This indicator provides valuable insights into the health and growth of the industrial sector, which is a crucial component of a country's overall economic performance. It is closely monitored by investors, policymakers, and analysts as it can impact inflation, employment, and consumer spending. A positive MoM change in industrial production indicates a growing economy, while a negative change may signal a slowdown or contraction.
WHY THIS INDICATOR MATTERS
Manufacturing and factory-order series capture cyclical inflection earlier than aggregate output, and have outsized influence on industrial-sector equities. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Apr 2026): actual 0.5 %, consensus -0.1 %. Prior reading (Mar 2026): 0.7 %. Before that (Feb 2026): 0.1 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with S&P 500 (Bearish S&P 500, r=-0.55) — a useful reference for index-focused traders.