The IHS Markit Italy Services PMI increased to 50.5 in December of 2018 from 50.3 in the previous month and above market expectations of 50.3. New orders growth quickened to a 3-month high on the back of stronger costumer demand and job creation rose at a faster pace in December. On the other hand, new export orders contracted for the sixth consecutive month. On the price front, input cost inflation weakened to the slowest in nine months and output prices fell solidly and at the most pronounced rate in 26 months. Looking ahead, business optimism improved to the highest in eight months, as firms were hopeful of greater sales activity and increased economic growth over the coming year. Services PMI in Italy is reported by Markit Economics.

Services PMI in Italy is expected to be 50.80 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 54.10 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 103.60 104.30 121.52 71.50 Index Points [+]
Manufacturing PMI 49.20 48.60 59.00 48.00 [+]
Services PMI 50.50 50.30 57.70 42.30 Index Points [+]
Industrial Production -2.60 1.00 17.50 -26.00 percent [+]
Industrial Production Mom -1.60 -0.10 13.50 -14.80 percent [+]
Manufacturing Production -2.40 1.30 19.40 -26.90 percent [+]
Capacity Utilization 77.90 78.00 81.00 64.90 percent [+]
New Orders 108.90 113.70 140.30 4.16 Index Points [+]
Factory Orders -0.20 -0.50 14.30 -12.30 percent [+]
Changes in Inventories 1089.30 157.50 5282.90 -4832.60 EUR Million [+]
Zew Economic Sentiment Index -51.90 -49.00 80.40 -61.60 [+]
Car Registrations 124078.00 146991.00 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 -9.70 -0.10 47.40 -26.20 percent [+]
Steel Production 2186.00 2299.00 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 50.00 49.30 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 24827.00 23936.00 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 January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
50.50 50.30 57.70 42.30 2011 - 2018 Index Points Monthly




Country Last Previous
Australia 52.10 Dec/18
Brazil 51.90 Dec/18
China 53.90 Dec/18
Euro Area 51.20 Dec/18
France 49.00 Dec/18
Germany 51.80 Dec/18
India 53.20 Dec/18
Italy 50.50 Dec/18
Japan 51.00 Dec/18
Russia 54.40 Dec/18
Spain 54.00 Dec/18
United Kingdom 51.20 Dec/18
United States 54.40 Dec/18


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