Industry

Piedmont reverses course and sees production grow by 1.4% in 2025

The Unioncamere (with Intesa Sanpaolo and Unicredit) economic situation registers +3.5% in the last quarter of the year, Food and Aerospace do well

by Filomena Greco

2' min read

Translated by AI
Versione italiana

2' min read

Translated by AI
Versione italiana

In 2025, Piedmont climbs the slope and recovers from the slowdown recorded in 2024. Industrial production, as shown by the economic situation carried out by Unioncamere in the fourth quarter of the year - in collaboration with Unicredit and Intesa Sanpaolo - grew by 3.5% in the period, a dynamic that brings the average annual growth figure to +1.4%.

"This figure marks the return to a positive dynamic after a year characterised by a constant, albeit slight, erosion of volumes," reports Unioncamere. "In fact, 2024 had recorded contractions in all quarters, with decreases between -0.4% and -1.1%.

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The current expansion phase was sustained by a gradual acceleration during the year. After a still uncertain start in the first quarter (-1.7%), industrial production in Piedmont returned to growth in the April-June period (+1.2%) and consolidated the trend in the third quarter (+2.5%), reaching a peak of +3.5% in the fourth quarter, with Turin improving production by 6.4%.

Driving the growth were sectors such as food, electricity-electronics and aerospace, 'sectors that confirm our technological competitiveness. It is particularly significant that the positive sign involves all the provinces, demonstrating a widespread vitality throughout the region. The dynamism detected urges us, as Chambers of Commerce, to intensify our commitment alongside companies, to accelerate those processes of innovation and transition that are the real engine of competitiveness,' comments Massimiliano Cipolletta, vice president of Unioncamere Piemonte.

Against this backdrop, the automotive sector is still in the doldrums, with vehicle production at last year's levels and components down by around 1%. The start of production in the autumn of the Fiat 500 hybrid version should show its effects on industrial production indicators during 2026, even if the start of new production does not solve the volume problems at the Mirafiori plant.

The growth in industrial production was accompanied by positive results from all other indicators in the quarter. Total orders increased by +3.3% year-on-year, a result supported by demand from foreign markets, which jumped by +6.5%. In parallel, total turnover also showed a positive change of +3.3%.

As far as production efficiency and scheduling are concerned, there are signs of improvement: 'capacity utilisation has risen to 64.4 per cent, showing a recovery from the low levels reached in the previous year, while insured production currently guarantees coverage for 10.5 working weeks.

the economic situation number 217 was carried out in cooperation with the Research Offices of the provincial Chambers of Commerce with a survey conducted in January and February and involved 1,701 industrial enterprises in Piedmont, with a total number of 85,570 employees and a turnover of approximately EUR 53 billion.

In this scenario, Italia has confirmed its solidity despite a context marked by prudence: the country has recorded GDP growth of +0.5% in 2025, with an estimate for the current year rising to +0.7%. This is a result that testifies to the resilience of the national production system, which has been able to remain in positive territory despite the uncertainties of the international framework and the weakness of the European manufacturing cycle.

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