Markit Manufacturing PMI is an indicator of changes in industrial sector business conditions in Italy, in the specified month. The indicator is based on monthly surveys of purchasing managers working in private companies of the manufacturing sector. The index represents a weighted average of five main parameters: new orders (30%), production (25%), employment (20%), supplier deliveries (15%) and inventory levels (10%). The index reflects the conditions of doing business in the manufacturing sector. Readings above 50 can affect euro quotes positively.
The chart of the entire available history of the "Markit Italy Manufacturing Purchasing Managers Index (PMI)" macroeconomic indicator. The dashed line shows the forecast values of the economic indicator for the specified dates.
A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.
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The Calendar data are provided as is. The economic news release frequency and schedule, as well as the economic parameters' values may change without our knowledge. You can use the provided information, but you accept all the risks associated with making trade decisions based on the Calendar data.