The IHS Markit Italy Services PMI dropped to 49.2 in October of 2018 from 53.3 in September, well below market expectations of 52. The reading pointed to the first contraction in the services sector since May of 2016 as new business grew only marginally and at the weakest pace in over three-and-a-half years amid subdued client demand. Also, job creation was the slowest in 14 months due to the non-replacement of retirees and productivity improvements; backlogs of work increased only marginally; selling prices fell for the ninth month and input prices rose. Finally, business confidence remained strong although it was weaker than seen on average in the year-to-date. Services PMI in Italy is reported by Markit Economics.

Italy Services PMI
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Italy Business Last Previous Highest Lowest Unit
Business Confidence 104.90 105.60 121.52 71.50 Index Points [+]
Manufacturing PMI 49.20 50.00 59.00 48.00 [+]
Services PMI 49.20 53.30 57.70 42.30 Index Points [+]
Industrial Production 1.30 -0.80 17.50 -26.00 percent [+]
Industrial Production Mom -0.20 1.70 13.50 -14.80 percent [+]
Manufacturing Production 1.00 -0.40 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 146655.00 96422.00 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 -11.20 -5.40 47.40 -26.20 percent [+]
Steel Production 2176.00 1162.00 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 52.40 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 Services PMI

Markit/ADACI Italy Services PMI (Purchasing Managers' Index) is based on data collected from a representative panel of around 400 companies based in the Italian service sector. The index tracks variables such as sales, employment, inventories and prices. A reading above 50 indicates that the services sector is generally expanding; below 50 indicates that it is generally declining. This page provides the latest reported value for - Italy Services PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Italy Services PMI - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
49.20 53.30 57.70 42.30 2011 - 2018 Index Points Monthly




Country Last
Australia 51.10 Oct/18
Brazil 50.50 Oct/18
China 50.80 Oct/18
Euro Area 53.70 Oct/18
France 55.30 Oct/18
Germany 54.70 Oct/18
India 52.20 Oct/18
Italy 49.20 Oct/18
Japan 52.40 Oct/18
Russia 56.90 Oct/18
Spain 54.00 Oct/18
United Kingdom 52.20 Oct/18
United States 54.80 Oct/18


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