Confidence in Italy’s construction industry improves in February 2026

GlobalData

Fri, March 6, 2026 astatine 10:17 AM CST 3 min read

According to preliminary information from the Italian National Institute of Statistics (Istat), user terms ostentation successful Italy accrued to its highest level successful 5 months, successful February 2026; it roseate from 1% successful January to 1.6%. Meanwhile, the operation accumulation scale had been registering volatile data. According to the Istat, the operation accumulation scale roseate by 5.3% year-on-year (YoY) successful December 2025, pursuing a YoY maturation of 2.5% successful November and 7.3% successful October 2025. Overall, maturation successful the mean operation accumulation scale slowed from 6.5% successful 2023 to 5.2% successful 2024 and 3.9% successful 2025.

The industry’s output successful 2026 is expected to beryllium affected by weakness successful the residential operation sector, amid a important driblet successful residential operation activity, owed to the definitive cessation of the "Superbonus" taxation inducement connected 1 January 2026. The recognition scheme, which had antecedently allowed homeowners to assertion 110% of renovation costs, was slashed to 70% successful 2024 and further to 65% successful 2025. The 110% Superbonus has officially ended arsenic of January 2026 and has been replaced by lower-rate deductions. Apart from the cessation of Superbonus schemes, precocious involvement rates, falling gathering permits, and rising operation costs are besides expected to interaction the Italian operation industry’s output successful 2026.

According to the Istat, the operation outgo scale for residential buildings roseate by 2.3% YoY successful December 2025, pursuing YoY growths of 2.1% each successful the preceding 2 months. In yearly terms, the mean operation outgo scale for residential buildings roseate by 1.8% successful 2025, pursuing a marginal yearly autumn of 0.1% successful 2024 and a maturation of 2.1% successful 2023. The rising operation costs for residential buildings is owed to rising operation worldly and vigor prices, which are chiefly impacting caller homes. The warfare successful the Middle East is expected to pb to a further summation successful vigor prices, thereby aggravating the operation sector.

Despite weakness successful the residential operation sector, however, investments successful civilian engineering works are expected to supply immoderate respite to the Italian operation manufacture successful 2026. This tin beryllium reflected by an betterment successful the operation assurance scale successful Italy successful February 2026, with mixed signals registered crossed sectors. According to the Istat, assurance successful the operation manufacture roseate by 3.3% month-on-month (MoM) successful February 2026, pursuing MoM falls of 2.9% successful January 2026 and 1.9% successful December 2025. This betterment is owed to a emergence successful sentiment successful the civilian engineering works and specialised operation activities.