The IHS Markit Italy Manufacturing PMI decreased to 47.7 in February 2019 from 47.8 in the previous month and compared to market expectations of 47.2. The reading pointed to the fifth consecutive month of contraction in the factory sector, as new orders shrank at the quickest pace since May 2013 and output declined for the seventh straight month. Also, backlogs of work and purchasing activity decreased for the eleventh and eight consecutive month respectively. Meanwhile, new export orders rose amid greater demand from the UK and Germany and job creation rose marginally mainly due to expectations of a recovery in domestic demand. On the price front, input prices rose at a faster pace boosted by higher prices of raw material. Finally, confidence among Italian manufacturers regarding the year ahead outlook for output improved to a 5-month high, amid new product launches and a recovery in overall demand conditions. Manufacturing PMI in Italy is reported by Markit Economics.

Manufacturing PMI in Italy is expected to be 47.60 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 51.60 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 101.70 102.00 121.52 71.60 Index Points [+]
Manufacturing PMI 47.70 47.80 59.00 47.70 [+]
Services PMI 50.40 49.70 57.70 42.30 Index Points [+]
Industrial Production -0.80 -5.50 17.50 -26.00 percent [+]
Industrial Production Mom 1.70 -0.70 13.50 -14.80 percent [+]
Manufacturing Production -2.60 -5.50 19.40 -26.90 percent [+]
Capacity Utilization 78.70 77.90 81.00 64.90 percent [+]
New Orders 109.60 107.50 140.30 4.16 Index Points [+]
Factory Orders 1.80 -1.40 14.30 -12.30 percent [+]
Changes in Inventories -1878.40 68.40 5357.70 -4872.80 EUR Million [+]
Zew Economic Sentiment Index -36.40 -35.40 80.40 -61.60 [+]
Car Registrations 177825.00 164864.00 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 -4.60 -2.80 47.40 -26.20 percent [+]
Steel Production 1959.00 1655.00 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 49.60 48.80 59.00 48.80 [+]
Bankruptcies 2170.00 2949.00 4543.00 955.00 Companies [+]
Ease of Doing Business 51.00 46.00 87.00 44.00 [+]
Electricity Production 26840.00 24063.00 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 March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
47.70 47.80 59.00 47.70 2012 - 2019 Monthly
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Country Last Previous
Australia 54.00 Feb/19
Brazil 53.40 Feb/19
Canada 52.60 Feb/19
China 49.90 Feb/19
Euro Area 49.30 Feb/19
France 51.50 Feb/19
Germany 47.60 Feb/19
India 54.30 Feb/19
Indonesia 50.10 Feb/19
Italy 47.70 Feb/19
Japan 48.90 Feb/19
Mexico 52.60 Feb/19
Netherlands 52.70 Feb/19
Russia 50.10 Feb/19
Saudi Arabia 56.60 Feb/19
Singapore 50.40 Feb/19
South Africa 46.20 Feb/19
South Korea 47.20 Feb/19
Spain 49.90 Feb/19
Switzerland 55.40 Feb/19
Turkey 46.40 Feb/19
United Kingdom 52.00 Feb/19
United States 53.00 Feb/19


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