- Analytics
- News and Tools
- Market News
- Italy’s services PMI declines to 52.0 in July
Italy’s services PMI declines to 52.0 in July
Markit/ADACI's services purchasing managers' index (PMI) for Italy was down to 52.0 in July from 53.4 in June.
A reading above 50 indicates expansion in the sector.
The fall was driven by a decline in employment.
"The service sector maintained its recent growth spell at the start of the third quarter and has now expanded in each of the past five months - the longest sequence since 2010. However, rather than building momentum, as is the case in manufacturing, growth appears to be fixed in a low gear," an economist at Markit Phil Smith said.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
