Composite Pmi in Italy increased to 50.40 points in January from 49.30 points in December of 2019. Italy Composite Pmi - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Composite Pmi in Italy averaged 52.40 points from 2013 until 2020, reaching an all time high of 59 points in January of 2018 and a record low of 48.80 points in November of 2013. This page provides - Italy Composite Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Markit Economics

Composite Pmi in Italy is expected to be 50.80 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 52.70 in 12 months time. In the long-term, the Italy Composite Pmi is projected to trend around 53.70 points in 2021, according to our econometric models.

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Italy Composite Pmi

Actual Previous Highest Lowest Dates Unit Frequency
50.40 49.30 59.00 48.80 2013 - 2020 points Monthly

Italy Composite Pmi
The Italy Composite PMI is a weighted average of the Manufacturing Output Index and the Services Business Activity Index. Survey responses reflect the change, if any, in the current month compared to the previous month based on data collected mid-month. For each of the indicators the ‘Report' shows the percentage reporting each response, the net difference between the number of higher/better responses and lower/worse responses, and the ‘diffusion' index. This index is the sum of the positive responses plus a half of those responding ‘the same'. A reading above 50 indicates that the services sector is generally expanding; below 50 indicates that it is generally declining.