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Italy December manufacturing PMI 48.5 vs 48.5 expected
- Prior 48.4
The contraction in manufacturing activity across Europe continues to play out, with Italy seeing another drop as well. But at least the drop in output is the softest among the current six-month sequence. S&P Global notes that:
"The Italian manufacturing sector remained mired in a downturn during December, as production and order books continued to decline, albeit at softer rates.
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Posted: Jan 2 2023, 08:49
Author Name: forexlive
Views: 110831