The IHS Markit Italy Services PMI fell to 50.4 in April 2019 from 53.1 in the previous month, missing market consensus of 52.0. The latest reading signaled a marginal increase of Italian service sector activity, as new order growth slowed sharply from March and the rate of job creation was only modest, while inflows of work from abroad rose for the first time in ten months. On the price front, input cost inflation softened to a four-month low but remained sharp overall amid higher fuel and staffing costs, while selling prices among Italian service providers declined in April for the fifth successive month. Looking ahead, business expectations deteriorated slightly, but remained in positive territory. Services PMI in Italy is reported by Markit Economics.

Services PMI in Italy is expected to be 50.50 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Services PMI in Italy to stand at 52.00 in 12 months time. In the long-term, the Italy Services PMI is projected to trend around 54.40 Index Points in 2020, according to our econometric models.

Italy Services PMI
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Italy Business Last Previous Highest Lowest Unit
Business Confidence 100.60 100.80 121.52 71.60 Index Points [+]
Manufacturing PMI 49.10 47.40 59.00 47.40 [+]
Services PMI 50.40 53.10 57.70 42.30 Index Points [+]
Industrial Production -1.40 0.90 17.50 -26.00 percent [+]
Industrial Production Mom -0.90 0.80 13.50 -14.80 percent [+]
Manufacturing Production -1.30 1.30 19.40 -26.90 percent [+]
Capacity Utilization 76.80 78.70 81.00 64.90 percent [+]
New Orders 118.90 109.70 140.30 4.16 Index Points [+]
Factory Orders 2.20 -2.80 14.30 -12.30 percent [+]
Changes in Inventories -1878.40 68.40 5357.70 -4872.80 EUR Million [+]
Zew Economic Sentiment Index -24.30 -16.80 80.40 -61.60 [+]
Car Registrations 174412.00 193662.00 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 5.70 -1.50 47.20 -26.10 percent [+]
Steel Production 2277.00 2046.00 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 49.50 51.50 59.00 48.80 [+]
Bankruptcies 2170.00 2949.00 4543.00 955.00 Companies [+]
Ease of Doing Business 51.00 46.00 87.00 44.00 [+]
Electricity Production 22679.00 26840.00 29587.00 21113.00 Gigawatt-hour [+]
Corruption Index 52.00 50.00 55.00 29.90 Points [+]
Corruption Rank 53.00 54.00 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 May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
50.40 53.10 57.70 42.30 2011 - 2019 Index Points Monthly




Country Last Previous
Australia 46.50 Apr/19
Brazil 49.90 Apr/19
China 54.50 Apr/19
Euro Area 52.50 May/19
France 51.70 May/19
Germany 55.00 May/19
India 51.00 Apr/19
Italy 50.40 Apr/19
Japan 51.80 Apr/19
Russia 52.60 Apr/19
Spain 53.10 Apr/19
United Kingdom 50.40 Apr/19
United States 50.90 May/19


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