The IHS Markit Italy Manufacturing PMI decreased to 51.5 in November of 2020 from 53.8 in October, below market expectations of 52. The latest reading points to the fifth consecutive month of expansion in factory activity but at the slowest rate in the current sequence. The recovery lost momentum as output growth slowed amid a renewed fall in order book volumes, linked to stricter coronavirus disease related measures. Finally, the level of positive sentiment was the lowest since May, but still historically elevated. source: Markit Economics
Manufacturing PMI in Italy averaged 51.56 points from 2012 until 2020, reaching an all time high of 59 points in January of 2018 and a record low of 31.10 points in April of 2020. This page provides the latest reported value for - Italy Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Italy Manufacturing PMI - data, historical chart, forecasts and calendar of releases - was last updated on December of 2020.
Manufacturing PMI in Italy is expected to be 49.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in Italy to stand at 52.40 in 12 months time. In the long-term, the Italy Manufacturing PMI is projected to trend around 54.00 points in 2021 and 53.80 points in 2022, according to our econometric models.