Italy Private Sector Growth Hits 8-Month High

2026-08-05 07:51 By Judith Sib-at 1 min. read

The S&P Global Italy Composite PMI rose to 52.5 in July 2026 from 50.8 in June, indicating the robust expansion in private-sector output since November 2025.

The improvement was driven by stronger momentum in the services sector, which offset continued weakness in manufacturing.

Total new orders increased for the second consecutive month and at the fastest pace so far this year, despite a renewed decline in manufacturing order books.

Private-sector employment continued to rise in July, extending the growth trend seen throughout the year, with the rate of job creation reaching its strongest level since June 2025.

Meanwhile, both price measures pointed to the softest inflation rates since February.



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Italy Private Sector Growth Hits 8-Month High
The S&P Global Italy Composite PMI rose to 52.5 in July 2026 from 50.8 in June, indicating the robust expansion in private-sector output since November 2025. The improvement was driven by stronger momentum in the services sector, which offset continued weakness in manufacturing. Total new orders increased for the second consecutive month and at the fastest pace so far this year, despite a renewed decline in manufacturing order books. Private-sector employment continued to rise in July, extending the growth trend seen throughout the year, with the rate of job creation reaching its strongest level since June 2025. Meanwhile, both price measures pointed to the softest inflation rates since February.
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