The IHS Markit Italy Manufacturing PMI fell to 48.6 in November of 2018 from 49.2 in October, below market expectations of 48.8. The reading pointed to the sharpest decline in the manufacturing sector since December of 2014. Output fell the most in 67 months amid a decrease in customer demand, especially for automobiles; and new orders continued to decline. On the other hand, employment rose for a forty-seventh consecutive month; input price inflation was the lowest in 16 months although it remained high amid rising prices for oil and plastic. Finally, business confidence was the lowest since May of 2015, with political uncertainty and fears of an economic slowdown weighing on confidence. Manufacturing PMI in Italy is reported by Markit Economics.

Manufacturing PMI in Italy is expected to be 50.20 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 51.10 in 12 months time. In the long-term, the Italy Manufacturing PMI is projected to trend around 54.10 in 2020, according to our econometric models.

Italy Manufacturing PMI
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Italy Business Last Previous Highest Lowest Unit
Business Confidence 104.40 104.90 121.52 71.50 Index Points [+]
Manufacturing PMI 48.60 49.20 59.00 48.00 [+]
Services PMI 50.30 49.20 57.70 42.30 Index Points [+]
Industrial Production 1.00 1.40 17.50 -26.00 percent [+]
Industrial Production Mom 0.10 -0.10 13.50 -14.80 percent [+]
Manufacturing Production 1.20 1.00 19.40 -27.00 percent [+]
Capacity Utilization 77.90 78.00 81.00 64.90 percent [+]
New Orders 108.40 74.80 140.30 4.16 Index Points [+]
Factory Orders -2.90 4.90 14.30 -12.30 percent [+]
Changes in Inventories 157.50 -500.50 5282.90 -4832.60 EUR Million [+]
Zew Economic Sentiment Index -49.00 -43.40 80.40 -61.60 [+]
Car Registrations 146991.00 146655.00 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 0.00 -11.20 47.40 -26.20 percent [+]
Steel Production 2299.00 2176.00 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 49.30 49.30 59.00 48.80 [+]
Bankruptcies 2949.00 3015.00 4543.00 955.00 Companies [+]
Ease of Doing Business 51.00 46.00 87.00 44.00 [+]
Electricity Production 24984.00 24768.00 29587.00 21113.00 Gigawatt-hour [+]
Corruption Index 50.00 47.00 55.00 29.90 Points [+]
Corruption Rank 54.00 60.00 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
48.60 49.20 59.00 48.00 2012 - 2018 Monthly
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Country Last Previous
Australia 51.30 Nov/18
Brazil 52.70 Nov/18
Canada 54.90 Nov/18
China 50.20 Nov/18
Euro Area 51.80 Nov/18
France 50.80 Nov/18
Germany 51.80 Nov/18
India 54.00 Nov/18
Indonesia 50.40 Nov/18
Italy 48.60 Nov/18
Japan 52.20 Nov/18
Mexico 49.70 Nov/18
Netherlands 56.10 Nov/18
Russia 52.60 Nov/18
Saudi Arabia 55.20 Nov/18
Singapore 51.50 Nov/18
South Africa 49.50 Nov/18
South Korea 48.60 Nov/18
Spain 52.60 Nov/18
Switzerland 57.70 Nov/18
Turkey 44.70 Nov/18
United Kingdom 53.10 Nov/18
United States 55.30 Nov/18


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