The S&P Global Italy Services PMI rose to 52.0 in October 2026 from a three-month low of 51.7 in the previous month, beating market forecasts of 51.5. This marked the fifth consecutive month of expansion and a return to its long-run trend. Activity was supported by stronger new business inflows, particularly from the domestic market, as new contracts and customer wins lifted order books. However, export sales growth moderated to a fractional pace. Employment increased at a slightly faster rate as backlogs of work rose for the first time in seven months, encouraging further recruitment, although job creation remained marginal. On the price front, input cost inflation surged to its highest level in almost four years, largely reflecting energy-related pressures linked to the Middle East conflict. Output price inflation also picked up as firms faced mounting cost pressures. Meanwhile, business confidence strengthened to its highest level since November 2025. source: S&P Global
Services PMI in Italy increased to 52 points in October from 51.70 points in September of 2026. Services PMI in Italy averaged 50.27 points from 2011 until 2026, reaching an all time high of 58.00 points in July of 2021 and a record low of 10.80 points in April of 2020. 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.
Services PMI in Italy increased to 52 points in October from 51.70 points in September of 2026. Services PMI in Italy is expected to be 51.50 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Italy Services PMI is projected to trend around 52.50 points in 2027 and 53.20 points in 2028, according to our econometric models.