The S&P Global Italy Services PMI rose to 55.2 in August 2026 from 52.5 in July, beating market expectations of 53.6. This marked the strongest expansion since April 2023, supported by the fastest increase in new business in almost two-and-a-half years, reflecting stronger domestic demand, new client acquisitions, and new project starts. Export sales also increased, reaching their fastest pace since October, though the overall improvement in demand remained domestically focused. Employment continued to rise, while outstanding business declined for a fifth month. On the price front, input cost inflation remained elevated, driven by higher energy, fuel, commodity and business service costs, while output price inflation eased to its lowest in eight months. Meanwhile, business confidence weakened to its lowest since May amid concerns over the external environment, despite firms citing new customer wins and planned investment as reasons for optimism into next year. source: S&P Global

Services PMI in Italy increased to 55.20 points in August from 52.50 points in July of 2026. Services PMI in Italy averaged 50.26 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 55.20 points in August from 52.50 points in July of 2026. Services PMI in Italy is expected to be 51.90 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.



Related Last Previous Unit Reference
Business Confidence 89.90 89.70 points Aug 2026
Capacity Utilization 75.60 75.00 percent Sep 2026
Car Registrations 69411.00 123184.00 Units Aug 2026
Changes in Inventories 193.40 -751.40 EUR Million Jun 2026
Composite Leading Indicator 100.28 100.22 points Aug 2026
Corruption Index 53.00 54.00 Points Dec 2025
Corruption Rank 52.00 52.00 Dec 2025
Electricity Price 228.48 72.41 EUR/MWh Sep 2026
Electricity Production 27717.00 24181.00 Gigawatt-hour Jul 2026
Industrial Production YoY 0.00 -0.60 percent Jul 2026
Industrial Production MoM 0.70 -1.10 percent Jul 2026
Manufacturing Production -0.91 1.17 percent Jun 2026
Industrial Sales YoY -1.00 0.50 percent Jun 2026
Mining Production -1.77 -1.62 percent Jun 2026
Natural Gas Stocks Capacity 203.42 203.42 TWh Sep 2026
Natural Gas Stocks Injection 134.48 212.57 GWh/d Sep 2026
Natural Gas Stocks Inventory 170.99 170.90 TWh Sep 2026
Natural Gas Stocks Withdrawal 31.30 10.10 GWh/d Sep 2026
New Car Registrations YoY 3.20 3.90 percent Aug 2026


Italy Services PMI
S&P Global 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 is only a limited sample of PMI headline data displayed on the Customer’s service, under licence from S&P Global. Full historic PMI headline data and all other PMI sub-index data and histories are available on subscription from S&P Global. Contact economics@spglobal.com for more details.

News Stream
Italy Services Sector Expands Most in Over 3 Years
The S&P Global Italy Services PMI rose to 55.2 in August 2026 from 52.5 in July, beating market expectations of 53.6. This marked the strongest expansion since April 2023, supported by the fastest increase in new business in almost two-and-a-half years, reflecting stronger domestic demand, new client acquisitions, and new project starts. Export sales also increased, reaching their fastest pace since October, though the overall improvement in demand remained domestically focused. Employment continued to rise, while outstanding business declined for a fifth month. On the price front, input cost inflation remained elevated, driven by higher energy, fuel, commodity and business service costs, while output price inflation eased to its lowest in eight months. Meanwhile, business confidence weakened to its lowest since May amid concerns over the external environment, despite firms citing new customer wins and planned investment as reasons for optimism into next year.
2026-09-03
Italian Services Output Growth Hits Six-Month High
The S&P Global Italy Services PMI rose to 52.5 in July 2026 from 50.2 in June, comfortably beating market expectations of 51.3 and signaling the strongest expansion in business activity since January. Growth was supported by the fastest increase in new orders this year, driven by stronger demand, new service offerings, successful client acquisition, and advertising efforts. Employment growth accelerated to a 13-month high and was among the strongest seen in more than two years, while the decline in outstanding business eased, pointing to improving capacity conditions. On the price front, input cost inflation remained elevated but slowed to its weakest pace since February, whereas output price inflation picked up. Meanwhile, business confidence softened slightly but continued to signal a positive outlook.
2026-08-05
Italy Services Sector Back in Expansion
The S&P Global Italy Services PMI rose to 50.2 in June 2026, returning to expansion territory after a contraction of 49.4 in the previous month, although it fell short of market expectations of 50.5. It also marked the first reading above the 50 threshold since February, as business activity recorded a renewed increase, supported by new customer acquisitions, tender wins, and generally stronger demand. However, conflict-related disruptions and resulting economic uncertainty were cited as key factors limiting growth. Meanwhile, employment across service providers was broadly unchanged in June, though the current sequence of job creation extended to seventeen consecutive months. On the price front, input cost inflation eased for the first time since the start of the year, while output charges also moderated. Lastly, business expectations continued to improve, lifting confidence among Italian services companies to its highest level since November 2025.
2026-07-03