The IHS Markit Italy Composite PMI rose to 57.6 in November 2021, from 54.2 in October, pointing to a 10th straight monthly upturn in the private sector output, with the rate of growth the fastest since August and sharp overall. Manufacturing production growth quickened to a five-month high and services output increased at a quicker pace and one that was solid. Total new orders increased the most in three months helped by a near record uplift in new export orders, and the pace of job creation accelerated, while capacity pressures intensified as the level of outstanding business rose at a survey record pace. On the price front, input and output costs rose at record rates. Finally, business confidence remained historically strong, although sentiment was the weakest since January. source: Markit Economics
Composite PMI in Italy averaged 51.40 points from 2013 until 2021, reaching an all time high of 59.10 points in August of 2021 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 December of 2021.
Composite PMI in Italy is expected to be 54.50 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. 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.