EUR Italian Manufacturing PMI
It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy;
Above 50.0 indicates industry expansion, below indicates contraction;
- EUR Italian Manufacturing PMI Graph
- History
Expected Impact / Date | Actual | Forecast | Previous |
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Jul 1, 2024 | 45.7 | 44.3 | 45.6 |
Jun 3, 2024 | 45.6 | 47.9 | 47.3 |
May 2, 2024 | 47.3 | 50.3 | 50.4 |
Apr 2, 2024 | 50.4 | 48.9 | 48.7 |
Mar 1, 2024 | 48.7 | 49.0 | 48.5 |
Feb 1, 2024 | 48.5 | 47.0 | 45.3 |
Jan 2, 2024 | 45.3 | 44.3 | 44.4 |
Dec 1, 2023 | 44.4 | 45.3 | 44.9 |
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- EUR Italian Manufacturing PMI News
- From pmi.spglobal.com|47 hr ago
The health of the Italian manufacturing sector declined again in June, marking a third successive monthly deterioration in operating conditions, following a brief period of improvement in March. A weakening demand environment led manufacturers to reduce their output at an accelerated pace. Despite cost pressures quickening, output charges were reduced again, as firms opted to tighten their profit margins to remain price competitive. Nevertheless, confidence in the outlook improved from May. The HCOB Italy Manufacturing Purchasing ...
- From pmi.spglobal.com|Jun 3, 2024
The Italian manufacturing sector downturn was sustained in May, following a fleeting period of growth in March. Operating conditions deteriorated at a sharper rate, underpinned by rapidly reduced order book volumes. In response, manufacturers lowered their production volumes again, which in turn led firms to cut jobs and reduce input buying. Though companies faced steeper cost pressures due to rising raw material prices, they continued to reduce charges to encourage sales. The HCOB Italy Manufacturing Purchasing Managers’ IndexTM ...
- From pmi.spglobal.com|May 2, 2024
After PMI data had hinted at the start of a recovery in March, an upturn in the Italian goods producing sector failed to materialise in April. Both new orders and output signalled renewed declines. It was clear that cost cutting was on the agenda as input buying was down, in an attempt to run down stocks. At the same time, input costs rose for the first time in 15 months, but selling prices saw little change on the month. The HCOB Italy Manufacturing Purchasing Managers’ IndexTM (PMI®), a composite single-figure indicator of ...
- From pmi.spglobal.com|Apr 2, 2024
Italy's manufacturing sector showed some signs of positivity in March, with both new orders and output edging just inside growth territory. Optimism towards the year-ahead outlook picked up, and firms recorded the quickest jobs growth seen for a year. That said, with new orders rising only fractionally, manufacturers continued to cut stocks and downscaled their purchasing activity. The HCOB Italy Manufacturing Purchasing Managers’ IndexTM (PMI®), a composite single-figure indicator of manufacturing performance derived from indicators ...
- From marctomarket.com|Mar 1, 2024|1 comment
The US dollar is mixed today. The dollar-bloc currencies and the Scandis are enjoying a slightly firmer tone, while the euro and sterling are edging higher in European turnover. The Swiss franc is softer, and the yen has given back most of yesterday's gains after BOJ Governor Ueda acknowledged that central bank seeks further confirmation that sustainable price goal is within reach. We see it as a further signal of an April move on rates rather than this month. Emerging market currencies are mostly lower but for a few Asian ...
- From pmi.spglobal.com|Mar 1, 2024
Latest PMI® data showed a deterioration in the operating conditions faced by Italian manufacturers compared to January. Firms continued to report subdued demand and lower order numbers, to which they responded by reducing production volumes. Despite this, companies increased workforce levels in February, which in turn aided the depletion of outstanding orders. Muted demand conditions also led to the reduction of both costs and charges. The HCOB Italy Manufacturing Purchasing Managers’ IndexTM (PMI®), a composite single-figure ...
- From pmi.spglobal.com|Feb 1, 2024
Italian manufacturers endured another challenging month in January, but there were some glimmers of hope. Declines in production and factory orders slowed notably and firms' confidence picked up. Meanwhile, vendor performance deteriorated for the first time in nearly a year, owing to shipping route complications in the Red Sea. Despite supply chain uncertainty, firms continued to reduce input buying levels and deplete stocks in January. The HCOB Italy Manufacturing Purchasing Managers’ IndexTM (PMI®), a composite single-figure ...
- From pmi.spglobal.com|Jan 2, 2024
The health of the Italian manufacturing sector continued to deteriorate in December with sustained, but softer contractions in output and new orders. With demand conditions subdued, firms carried out further inventory reductions with input stocks depleted at the joint-quickest rate since December 2011. Input prices continued to fall but output prices were reduced only fractionally. The HCOB Italy Manufacturing Purchasing Managers’ IndexTM (PMI®), a composite single-figure indicator of manufacturing performance derived from indicators ...
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Released on Feb 1, 2024 |
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