The IHS Markit Italy Manufacturing PMI dropped to 48.4 in June 2019 from 49.7 in the previous month and below market expectations of 48.8. Output and new orders declined for the eleventh consecutive month, with export sales falling by the most since August 2012 amid worsening of foreign demand conditions, especially in the Turkish and Middle Eastern markets. In addition, employment dropped at the fastest pace in five months, as firms reduced their capacity in response to softer demand requirements, while the rate of backlog depletion was the sharpest since August 2018. On the price front, input costs declined for the first time since August 2016 on lower raw material prices, while output charge inflation quickened to a three-month high. Looking ahead, business expectations remained in positive territory as forecasts of greater customer numbers and new product investments supported sentiment. Manufacturing PMI in Italy is reported by Markit Economics.

Manufacturing PMI in Italy is expected to be 50.20 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in Italy to stand at 52.00 in 12 months time. In the long-term, the Italy Manufacturing PMI is projected to trend around 53.80 in 2020, according to our econometric models.

Italy Manufacturing PMI
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Italy Business Last Previous Highest Lowest Unit
Business Confidence 100.80 101.90 121.52 71.50 Index Points [+]
Manufacturing PMI 48.40 49.70 59.00 47.40 [+]
Services PMI 50.50 50.00 57.70 42.30 Index Points [+]
Industrial Production -0.70 -1.50 17.50 -26.00 percent [+]
Industrial Production Mom 0.90 -0.80 13.50 -14.80 percent [+]
Manufacturing Production -0.90 -2.20 19.40 -27.00 percent [+]
Capacity Utilization 76.80 78.70 81.00 64.90 percent [+]
New Orders 116.20 102.00 140.30 4.16 Index Points [+]
Factory Orders 2.50 -2.20 14.30 -12.30 percent [+]
Changes in Inventories -4480.00 -1660.10 5357.70 -4872.80 EUR Million [+]
Zew Economic Sentiment Index -28.00 -43.10 80.40 -61.60 [+]
Car Registrations 171626.00 197307.00 310337.00 53296.00 [+]
Internet Speed 9210.65 8669.14 9210.65 2453.86 KBps [+]
IP Addresses 13315518.00 13117319.00 18750460.00 5491532.00 IP [+]
Manufacturing Sales 1.60 -1.10 7.60 -6.60 percent [+]
Mining Production -0.80 -5.60 47.20 -26.10 percent [+]
Steel Production 2215.00 1950.00 3033.00 750.00 Thousand Tonnes [+]
Competitiveness Index 70.77 70.46 70.77 4.30 Points [+]
Competitiveness Rank 31.00 31.00 49.00 31.00 [+]
Composite Pmi 50.10 49.90 59.00 48.80 [+]
Bankruptcies 2823.00 3029.00 4543.00 955.00 Companies [+]
Ease of Doing Business 51.00 46.00 87.00 44.00 [+]
Electricity Production 22439.00 23645.00 29587.00 21113.00 Gigawatt-hour [+]
Corruption Index 52.00 50.00 55.00 29.90 Points [+]
Corruption Rank 53.00 54.00 72.00 29.00 [+]


Italy Manufacturing PMI

In Italy, the Markit Italy Manufacturing Purchasing Managers’ Index measures the performance of the manufacturing sector and is derived from a survey of 400 industrial companies. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This page provides the latest reported value for - Italy Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Italy Manufacturing PMI - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
48.40 49.70 59.00 47.40 2012 - 2019 Monthly
SA




Country Last Previous
Australia 49.43 Jun/19
Brazil 51.00 Jun/19
Canada 49.20 Jun/19
China 49.40 Jun/19
Euro Area 47.60 Jun/19
France 51.90 Jun/19
Germany 45.00 Jun/19
India 52.10 Jun/19
Indonesia 50.60 Jun/19
Italy 48.40 Jun/19
Japan 49.30 Jun/19
Mexico 49.20 Jun/19
Netherlands 50.70 Jun/19
Russia 48.60 Jun/19
Saudi Arabia 57.40 Jun/19
Singapore 49.60 Jun/19
South Africa 46.20 Jun/19
South Korea 47.50 Jun/19
Spain 47.90 Jun/19
Switzerland 47.70 Jun/19
Turkey 47.90 Jun/19
United Kingdom 48.00 Jun/19
United States 50.60 Jun/19


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