Italy Services PMI  2011-2017 | Data | Chart | Calendar | Forecast | News

The IHS Markit Italy Services PMI decreased to 55.1 in May of 2017 from 56.2 in April, below market expectations of 55.4. It is the lowest reading since January. Business activity and order books increased substantially, albeit at slightly slower rates than the ten-year high seen in the previous month. Employment slowed further form March's peak and input inflation spiked to an 11-month high. On the other hand, the sentiment regarding the year ahead was the second strongest in 16 months, behind February’s recent high and mainly due to increasing client requests and greater demand from abroad. Services PMI in Italy averaged 49.48 Index Points from 2011 until 2017, reaching an all time high of 56.20 Index Points in April of 2017 and a record low of 42.30 Index Points in April of 2012. 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 106.90 107.70 121.52 71.40 [+]
Manufacturing PMI 55.10 56.20 56.20 48.00 [+]
Services PMI 55.10 56.20 56.20 42.30 Index Points [+]
Industrial Production 1.00 2.90 17.50 -25.90 percent [+]
Industrial Production Mom -0.40 0.40 13.50 -14.80 percent [+]
Manufacturing Production 0.70 3.50 19.40 -26.90 percent [+]
Capacity Utilization 75.60 76.50 81.00 64.90 percent [+]
New Orders 93.50 119.60 142.20 4.22 Index Points [+]
Factory Orders -0.70 -4.30 14.40 -12.60 percent [+]
Changes in Inventories 2004.90 363.39 5702.32 -5021.21 EUR Million [+]
Zew Economic Sentiment Index 10.00 4.80 80.40 -61.60 [+]
Car Registrations 204113.00 160359.00 310337.00 53296.00 Cars [+]
Competitiveness Index 4.50 4.46 4.50 4.30 Points [+]
Competitiveness Rank 44.00 43.00 49.00 42.00 [+]
Composite Pmi 55.20 56.80 56.80 48.80 [+]
Bankruptcies 3000.00 3356.00 4543.00 955.00 Companies [+]
Ease of Doing Business 50.00 44.00 87.00 44.00 [+]
Electricity Production 27979.00 26209.00 29587.00 21113.00 Gigawatt-hour [+]
Corruption Index 47.00 44.00 55.00 29.90 Points [+]
Corruption Rank 60.00 61.00 72.00 29.00 [+]
Steel Production 1976.00 2232.00 3033.00 750.00 Thousand Tonnes [+]
Mining Production 11.80 7.70 47.50 -26.40 percent [+]


Italy Services PMI Notes

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 June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
55.10 56.20 56.20 42.30 2011 - 2017 Index Points Monthly



services pmi by Country

Last
Australia 51.50 May/17
Brazil 49.20 May/17
China 52.80 May/17
Euro Area 54.70 Jun/17
France 55.30 Jun/17
Germany 53.70 Jun/17
India 52.20 May/17
Italy 55.10 May/17
Japan 53.00 May/17
Russia 56.30 May/17
Spain 57.30 May/17
United Kingdom 53.80 May/17
United States 53.00 Jun/17