The IHS Markit Italy Composite PMI rose to 50.4 in September of 2020 from 49.5 in the previous month. The latest reading signals an increase in Italian private sector output on the month, albeit one that was only fractional overall. At the sector level, the uptick was driven solely by manufacturing, as services firms recorded a back-to-back reduction in business activity. source: Markit Economics
Composite Pmi in Italy averaged 51.21 points from 2013 until 2020, reaching an all time high of 59 points in January of 2018 and a record low of 10.90 points in April of 2020. This page provides - Italy Composite Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Italy Composite Pmi - values, historical data and charts - was last updated on October of 2020.
Composite Pmi in Italy is expected to be 45.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Composite Pmi in Italy to stand at 52.80 in 12 months time. In the long-term, the Italy Composite Pmi is projected to trend around 53.40 points in 2021 and 54.00 points in 2022, according to our econometric models.