The IHS Markit Italy Composite PMI rose to 47.2 in January of 2021 from 43 in the previous month. The latest reading pointed to the fourth consecutive fall in Italian private sector output and signaled a softer reduction in output at the start of 2021. That said, the rate of decline was still moderate overall, due in part to a sharp drop in services activity, which more than offset a quicker expansion in factory production. source: Markit Economics

Composite PMI in Italy averaged 50.96 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 - values, historical data and charts - was last updated on February of 2021.

Composite PMI in Italy is expected to be 50.40 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 53.40 in 12 months time. In the long-term, the Italy Composite PMI is projected to trend around 54.00 points in 2022, according to our econometric models.

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Italy Composite PMI

Actual Previous Highest Lowest Dates Unit Frequency
47.20 43.00 59.00 10.90 2013 - 2021 points Monthly
SA

Italy Business Last Previous Highest Lowest Unit
Business Confidence 99.00 95.60 121.52 71.60 points [+]
Manufacturing PMI 55.10 52.80 59.00 31.10 points [+]
Services PMI 44.70 39.70 57.70 10.80 points [+]
Industrial Production -2.00 -4.20 17.40 -43.30 percent [+]
Industrial Production Mom -0.20 -1.40 41.40 -27.90 percent [+]
Manufacturing Production -4.20 -1.90 19.40 -46.40 percent [+]
Capacity Utilization 74.90 72.90 81.00 63.80 percent [+]
New Orders 123.00 109.70 140.30 4.16 points [+]
Factory Orders 1.70 -1.40 43.60 -31.20 percent [+]
Changes in Inventories -4205.60 -2141.20 4814.20 -4252.00 EUR Million [+]
Zew Economic Sentiment Index 56.80 47.80 80.40 -61.60 [+]
Car Registrations 134001.00 119454.00 310337.00 4279.00 [+]
Internet Speed 9210.65 8669.14 9210.65 2453.86 KBps [+]
IP Addresses 13315518.00 13117319.00 18750460.00 5491532.00 IP [+]
Manufacturing Sales 1.00 -2.00 42.50 -29.10 percent [+]
Mining Production -5.80 -2.10 46.90 -38.70 percent [+]
Steel Production 1500.00 2049.00 3033.00 750.00 Thousand Tonnes [+]
Competitiveness Index 71.53 70.77 71.53 4.30 Points [+]
Competitiveness Rank 30.00 31.00 49.00 30.00 [+]
Composite PMI 47.20 43.00 59.00 10.90 points [+]
Bankruptcies 3115.00 2291.00 4543.00 955.00 Companies [+]
Ease of Doing Business 58.00 51.00 87.00 44.00 [+]
Electricity Production 23243.00 23674.00 29587.00 21347.00 Gigawatt-hour [+]
Corruption Index 53.00 53.00 55.00 29.90 Points [+]
Corruption Rank 52.00 51.00 72.00 29.00 [+]


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.