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Italy February services PMI 51.6 vs 53.1 expected

Italy February services PMI 51.6 vs 53.1 expected
  • Prior 51.2
  • Composite PMI 52.2
  • Prior 51.2

The reading may be softer than estimates but it still reaffirms a sustained upturn in Italy's services sector. Of note, activity and new work increased again as cost inflation continues to decline. S&P Global notes that:

"Another rise in service sector activity, and at an accelerated rate, adds to the growing view that Italy's economy is, rela... Read More

Posted: Mar 3 2023, 08:46
Author Name: forexlive
Views: 110156

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