The IHS Markit Italy Composite PMI fell to 49.2 in October 2020 from 50.4 in the previous month. A faster reduction in services activity (PMI at 46.7 from 48.8 in September) outweighed a sharp uptick in manufacturing output (PMI at 53.8 from 53.2). Central to the overall contraction was a renewed drop in inflows of new business during October, with the rate of reduction marginal overall. Looking ahead, firms' confidence with regards to output over the next 12 months moderated in October to the lowest since May and subdued in the context of the long-run series history. source: Markit Economics

Composite Pmi in Italy averaged 51.18 points from 2013 until 2020, reaching an all time high of 59 points in January of 2018 and a record low of 10.90 points in April of 2020. This page provides - Italy Composite Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Italy Composite PMI - values, historical data and charts - was last updated on December of 2020.

Composite Pmi in Italy is expected to be 45.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Composite Pmi in Italy to stand at 52.80 in 12 months time. In the long-term, the Italy Composite Pmi is projected to trend around 53.40 points in 2021 and 54.00 points in 2022, according to our econometric models.

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Italy Composite PMI

Actual Previous Highest Lowest Dates Unit Frequency
49.20 50.40 59.00 10.90 2013 - 2020 points Monthly
SA

Italy Business Last Previous Highest Lowest Unit
Business Confidence 90.20 94.70 121.52 71.60 points [+]
Manufacturing PMI 51.50 53.80 59.00 31.10 points [+]
Services PMI 46.70 48.80 57.70 10.80 points [+]
Industrial Production -5.10 -0.30 17.50 -43.30 percent [+]
Industrial Production Mom -5.60 7.40 41.70 -27.90 percent [+]
Manufacturing Production -5.90 -0.50 19.40 -46.40 percent [+]
Capacity Utilization 72.90 63.80 81.00 63.80 percent [+]
New Orders 112.30 71.20 140.30 4.16 points [+]
Factory Orders -6.40 13.50 43.90 -31.40 percent [+]
Changes in Inventories -2141.20 2719.20 4814.20 -4252.00 EUR Million [+]
Zew Economic Sentiment Index 19.30 38.90 80.40 -61.60 [+]
Car Registrations 156978.00 156132.00 310337.00 4279.00 [+]
Internet Speed 9210.65 8669.14 9210.65 2453.86 KBps [+]
IP Addresses 13315518.00 13117319.00 18750460.00 5491532.00 IP [+]
Manufacturing Sales -3.20 5.60 42.40 -29.30 percent [+]
Mining Production 2.70 -2.80 46.90 -38.70 percent [+]
Steel Production 2119.00 1794.00 3033.00 750.00 Thousand Tonnes [+]
Competitiveness Index 71.53 70.77 71.53 4.30 Points [+]
Competitiveness Rank 30.00 31.00 49.00 30.00 [+]
Composite PMI 49.20 50.40 59.00 10.90 points [+]
Bankruptcies 3115.00 2291.00 4543.00 955.00 Companies [+]
Ease of Doing Business 58.00 51.00 87.00 44.00 [+]
Electricity Production 23243.00 23674.00 29587.00 21347.00 Gigawatt-hour [+]
Corruption Index 53.00 52.00 55.00 29.90 Points [+]
Corruption Rank 51.00 53.00 72.00 29.00 [+]


Italy Composite PMI
The Italy Composite PMI is a weighted average of the Manufacturing Output Index and the Services Business Activity Index. Survey responses reflect the change, if any, in the current month compared to the previous month based on data collected mid-month. For each of the indicators the ‘Report' shows the percentage reporting each response, the net difference between the number of higher/better responses and lower/worse responses, and the ‘diffusion' index. This index is the sum of the positive responses plus a half of those responding ‘the same'. A reading above 50 indicates that the services sector is generally expanding; below 50 indicates that it is generally declining.