The IHS Markit Italy Manufacturing PMI came in at 49.2 in December 2018 compared to 48.6 in November and above market expectations of 48.6. The reading pointed to the third consecutive contraction in the manufacturing sector, though less sharp than the month before. Output, new orders and export orders continued to fall. Also, employment growth eased to a four-year low and purchasing activity decreased. Suppliers' delivery times lengthened amid reports of capacity issues at vendors and difficulties in sourcing some raw materials. In terms of prices, input cost inflation eased to the slowest since September 2016 and output prices increased at a slower pace as a result. Finally, business confidence deteriorated for the third consecutive month, hitting the lowest in six years, due to recent signs of demand weakness. 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 51.10 in 12 months time. In the long-term, the Italy Manufacturing PMI is projected to trend around 54.10 in 2020, according to our econometric models.

Italy Manufacturing PMI
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Italy Business Last Previous Highest Lowest Unit
Business Confidence 103.60 104.30 121.52 71.50 Index Points [+]
Manufacturing PMI 49.20 48.60 59.00 48.00 [+]
Services PMI 50.50 50.30 57.70 42.30 Index Points [+]
Industrial Production -2.60 1.00 17.50 -26.00 percent [+]
Industrial Production Mom -1.60 -0.10 13.50 -14.80 percent [+]
Manufacturing Production -2.40 1.30 19.40 -26.90 percent [+]
Capacity Utilization 77.90 78.00 81.00 64.90 percent [+]
New Orders 108.90 113.70 140.30 4.16 Index Points [+]
Factory Orders -0.20 -0.50 14.30 -12.30 percent [+]
Changes in Inventories 1089.30 157.50 5282.90 -4832.60 EUR Million [+]
Zew Economic Sentiment Index -51.90 -49.00 80.40 -61.60 [+]
Car Registrations 124078.00 146991.00 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 [+]
Mining Production -9.70 -0.10 47.40 -26.20 percent [+]
Steel Production 2186.00 2299.00 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 50.00 49.30 59.00 48.80 [+]
Bankruptcies 2949.00 3015.00 4543.00 955.00 Companies [+]
Ease of Doing Business 51.00 46.00 87.00 44.00 [+]
Electricity Production 24827.00 23936.00 29587.00 21113.00 Gigawatt-hour [+]
Corruption Index 50.00 47.00 55.00 29.90 Points [+]
Corruption Rank 54.00 60.00 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 January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
49.20 48.60 59.00 48.00 2012 - 2018 Monthly
SA




Country Last Previous
Australia 49.50 Dec/18
Brazil 52.60 Dec/18
Canada 53.60 Dec/18
China 49.70 Dec/18
Euro Area 51.40 Dec/18
France 49.70 Dec/18
Germany 51.50 Dec/18
India 53.20 Dec/18
Indonesia 51.20 Dec/18
Italy 49.20 Dec/18
Japan 52.60 Dec/18
Mexico 49.70 Dec/18
Netherlands 57.20 Dec/18
Russia 51.70 Dec/18
Saudi Arabia 54.50 Dec/18
Singapore 51.10 Dec/18
South Africa 50.70 Dec/18
South Korea 49.80 Dec/18
Spain 51.10 Dec/18
Switzerland 57.80 Dec/18
Turkey 44.20 Dec/18
United Kingdom 54.20 Dec/18
United States 53.80 Dec/18


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