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Italy August manufacturing PMI 45.4 vs 46.0 expected
Prior 44.5Italy's manufacturing sector stays in a downturn in August with production and new orders continuing to fall sharply on the month. The added negative development is that job losses were signalled for the first time since August 2020. HCOB notes that:“The manufacturing recession, which started mid-last year continues to stretch out, extending most likely into the third quarter. The HCOB Manufacturing PMI Index for July registers at 45.4, reflecting a 0.9 index point increase from the pr...
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Posted: Sep 1 2023, 07:45
Author Name: forexlive
Views: 110558