The IHS Markit Italy Manufacturing PMI came in at 48.7 in August 2019, little-changed from the previous month's 48.5 and market expectations of 48.5. The latest reading indicated an eleventh successive monthly deterioration in the health of the Italian manufacturing sector, as output and new orders dropped for the thirteenth consecutive period. New business from abroad also decreased, amid reports of lower demand from companies based in Germany, while employment continued to decline due to weaker demand conditions and the non-renewal of client contracts. Meanwhile, backlogs of work fell for the seventeenth consecutive month, and purchasing activity also decreased, extending the current sequence of contraction to 14 months. On the price front, both input costs and output charges increased for the first time in three and two months, respectively. Looking ahead, business confidence fell to the lowest in four months, but was nonetheless positive. Manufacturing PMI in Italy is reported by Markit Economics.

Manufacturing PMI in Italy is expected to be 49.10 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in Italy to stand at 51.90 in 12 months time. In the long-term, the Italy Manufacturing PMI is projected to trend around 53.80 in 2020, according to our econometric models.

Italy Manufacturing PMI
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Italy Business Last Previous Highest Lowest Unit
Business Confidence 99.70 100.10 121.52 71.50 Index Points [+]
Manufacturing PMI 48.70 48.50 59.00 47.40 [+]
Services PMI 50.60 51.70 57.70 42.30 Index Points [+]
Industrial Production -0.70 -1.20 17.50 -25.90 percent [+]
Industrial Production Mom -0.70 -0.30 13.50 -14.80 percent [+]
Manufacturing Production -1.30 -1.80 19.40 -27.00 percent [+]
Capacity Utilization 77.20 76.80 81.00 64.90 percent [+]
New Orders 117.90 114.20 140.30 4.16 Index Points [+]
Factory Orders -2.90 -1.00 14.30 -12.30 percent [+]
Changes in Inventories -5786.60 -4427.20 5357.70 -5786.60 EUR Million [+]
Zew Economic Sentiment Index -49.50 -28.00 80.40 -61.60 [+]
Car Registrations 88939.00 152800.00 310337.00 53296.00 [+]
Internet Speed 9210.65 8669.14 9210.65 2453.86 KBps [+]
IP Addresses 13315518.00 13117319.00 18750460.00 5491532.00 IP [+]
Manufacturing Sales -0.50 -0.70 7.60 -6.60 percent [+]
Mining Production 0.30 -5.90 47.40 -26.20 percent [+]
Steel Production 2130.00 2086.00 3033.00 750.00 Thousand Tonnes [+]
Competitiveness Index 70.77 70.46 70.77 4.30 Points [+]
Competitiveness Rank 31.00 31.00 49.00 31.00 [+]
Composite Pmi 50.30 51.00 59.00 48.80 [+]
Bankruptcies 2823.00 3029.00 4543.00 955.00 Companies [+]
Ease of Doing Business 51.00 46.00 87.00 44.00 [+]
Electricity Production 23003.00 22439.00 29587.00 21113.00 Gigawatt-hour [+]
Corruption Index 52.00 50.00 55.00 29.90 Points [+]
Corruption Rank 53.00 54.00 72.00 29.00 [+]


Italy Manufacturing PMI

In Italy, the Markit Italy Manufacturing Purchasing Managers’ Index measures the performance of the manufacturing sector and is derived from a survey of 400 industrial companies. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This page provides the latest reported value for - Italy Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Italy Manufacturing PMI - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
48.70 48.50 59.00 47.40 2012 - 2019 Monthly
SA




Country Last Previous
Australia 53.10 Aug/19
Brazil 52.50 Aug/19
Canada 49.10 Aug/19
China 50.40 Aug/19
Euro Area 47.00 Aug/19
France 51.10 Aug/19
Germany 43.50 Aug/19
India 51.40 Aug/19
Indonesia 49.00 Aug/19
Italy 48.70 Aug/19
Japan 49.30 Aug/19
Mexico 49.00 Aug/19
Netherlands 51.60 Aug/19
Russia 49.10 Aug/19
Saudi Arabia 57.00 Aug/19
Singapore 49.90 Aug/19
South Africa 45.70 Aug/19
South Korea 49.00 Aug/19
Spain 48.80 Aug/19
Switzerland 47.20 Aug/19
Turkey 48.00 Aug/19
United Kingdom 47.40 Aug/19
United States 50.30 Aug/19


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