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Italy September manufacturing PMI 46.8 vs 45.7 expected

Italy September manufacturing PMI 46.8 vs 45.7 expected
Prior 45.4The downturn in Italy's manufacturing sector continues, albeit at a slower pace. HCOB notes that:“The Italian industrial economy appears to be trapped in a deep recession with no clear way out. The HCOB PMI remains in contraction territory with an index value of 46.8, although the decline has slowed down compared to the previous month. "The sub-indices provide little reason for hope. Output, new orders, quantity of purchases, and backlogs of work all shrank yet again. Even declining in... Read More
Posted: Oct 2 2023, 07:45
Author Name: forexlive
Views: 112153

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