The IHS Markit Italy Manufacturing PMI edged down to 47.4 in March of 2019 from 47.7 in February, matching market expectations. The reading pointed to the sixth straight month of contraction in the manufacturing sector and the sharpest since May of 2013. Output and new orders declined as demand conditions continued to deteriorate both domestically and abroad. Additionally, new business from abroad fell in March at a rate just shy of December 2018's near six-and-a-half year record. Also, employment rose marginally, input prices slowed while output price inflation quickened. Optimism regarding the year ahead outlook for output was sustained in March, but concerns over further contractions in customer demand and a continuation of negative market trends meant sentiment weakened from February. Manufacturing PMI in Italy is reported by Markit Economics.

Manufacturing PMI in Italy is expected to be 47.60 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 51.60 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
width
height
Forecast Data Chart
The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Italy Business Last Previous Highest Lowest Unit
Business Confidence 100.60 100.80 121.52 71.60 Index Points [+]
Manufacturing PMI 47.40 47.70 59.00 47.40 [+]
Services PMI 53.10 50.40 57.70 42.30 Index Points [+]
Industrial Production 0.90 -0.80 17.50 -26.00 percent [+]
Industrial Production Mom 0.80 1.90 13.50 -14.80 percent [+]
Manufacturing Production 1.30 -2.50 19.40 -26.90 percent [+]
Capacity Utilization 76.80 78.70 81.00 64.90 percent [+]
New Orders 109.90 107.20 140.30 4.16 Index Points [+]
Factory Orders -2.70 2.10 14.30 -12.30 percent [+]
Changes in Inventories -1878.40 68.40 5357.70 -4872.80 EUR Million [+]
Zew Economic Sentiment Index -16.80 -27.80 80.40 -61.60 [+]
Car Registrations 193662.00 177825.00 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 [+]
Mining Production -1.50 -4.60 47.30 -26.20 percent [+]
Steel Production 2046.00 1959.00 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 51.50 49.60 59.00 48.80 [+]
Bankruptcies 2170.00 2949.00 4543.00 955.00 Companies [+]
Ease of Doing Business 51.00 46.00 87.00 44.00 [+]
Electricity Production 22679.00 26840.00 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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
47.40 47.70 59.00 47.40 2012 - 2019 Monthly
SA




Country Last Previous
Australia 51.00 Mar/19
Brazil 52.80 Mar/19
Canada 50.50 Mar/19
China 50.80 Mar/19
Euro Area 47.80 Apr/19
France 49.60 Apr/19
Germany 44.50 Apr/19
India 52.60 Mar/19
Indonesia 51.20 Mar/19
Italy 47.40 Mar/19
Japan 49.50 Apr/19
Mexico 49.80 Mar/19
Netherlands 52.50 Mar/19
Russia 52.80 Mar/19
Saudi Arabia 56.80 Mar/19
Singapore 50.80 Mar/19
South Africa 45.00 Mar/19
South Korea 48.80 Mar/19
Spain 50.90 Mar/19
Switzerland 50.30 Mar/19
Turkey 47.20 Mar/19
United Kingdom 55.10 Mar/19
United States 52.40 Apr/19


Related

Latest