The IHS Markit Italy Composite PMI rose to 58.3 in June of 2021 from 55.7 in May, and signalled the fastest upturn in Italian private sector output since January 2018. Growth was again led by manufacturing, which again saw a near record rate of increase, although the net private sector gain was spurred on by the quickest upturn in services activity for nearly three-and-a-half years. source: Markit Economics

Composite PMI in Italy averaged 51.10 points from 2013 until 2021, 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 - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.

Composite PMI in Italy is expected to be 58.00 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 54.60 in 12 months time. In the long-term, the Italy Composite PMI is projected to trend around 55.10 points in 2022 and 54.00 points in 2023, according to our econometric models.

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Italy Composite PMI

Actual Previous Highest Lowest Dates Unit Frequency
58.30 55.70 59.00 10.90 2013 - 2021 points Monthly
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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.