The IHS Markit Italy Composite PMI fell to 49.5 in August of 2020 from 52.5 in the previous month. The latest reading signaled a renewed reduction in Italian private sector output as weak client demand continued to weigh on the sector’s performance. Still, it was only a fractional rate of decline overall.
Composite Pmi in Italy averaged 51.22 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 September of 2020. source: Markit Economics
Composite Pmi in Italy is expected to be 51.00 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 53.40 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.