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.