S&P Global Italy Manufacturing Purchasing Managers Index (PMI)

Country:
Italy
EUR, Euro
Source:
Sector:
Business
Medium 48.5 51.4
50.9
Last release Importance Actual Forecast
Previous
49.7
48.5
Next release Actual Forecast
Previous
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The Manufacturing Purchasing Managers Index (PMI) is released by IHS Markit monthly based on data collected through surveys of purchasing managers employed in manufacturing companies.

The survey takes place in the second half of the month. The survey participants are asked to answer various questions about business conditions, employment, prices, inventories, etc. Based on received data, a diffusion index is calculated for each variable. This results from the sum of the percentage of companies reporting an improvement and half the percentage of those reporting no change in the situation.

This index has a reference value of 50.0. When the index is above this threshold, it indicates that there is an expansion of the industrial sector. When the index is below the threshold, it indicates that there is a contraction of the industrial sector.

The indices are seasonally adjusted. The original data are not subject to revision after their first publication. Seasonally adjusted data, on the other hand, can be revised if necessary due to updated seasonal adjustment factors.

Purchasing managers are considered to be among the first to see changes in industry sentiments and therefore the PMI is considered to feature a headline number and to provide insights into other key economic drivers such as GDP, inflation, employment, etc.

In case the published value is above the expected one, one could assume an appreciation of the Euro. In the event that the published value is below that expected, it could be assumed that the Euro will be depreciated and the Euro quotes will move accordingly.

Last values:

actual data

forecast

The chart of the entire available history of the "S&P Global 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.

Date (GMT)
Reference
Actual
Forecast
Previous
Jul 2022
48.5
51.4
50.9
Jun 2022
50.9
53.2
51.9
May 2022
51.9
55.2
54.5
Apr 2022
54.5
57.1
55.8
Mar 2022
55.8
58.4
58.3
Feb 2022
58.3
60.2
58.3
Jan 2022
58.3
63.0
62.0
Dec 2021
62.0
62.1
62.8
Nov 2021
62.8
60.5
61.1
Oct 2021
61.1
60.4
59.7
Sep 2021
59.7
60.7
60.9
Aug 2021
60.9
61.4
60.3
Jul 2021
60.3
62.4
62.2
Jun 2021
62.2
61.7
62.3
May 2021
62.3
60.4
60.7
Apr 2021
60.7
58.5
59.8
Mar 2021
59.8
56.1
56.9
Feb 2021
56.9
54.0
55.1
Jan 2021
55.1
52.2
52.8
Dec 2020
52.8
52.6
51.5
Nov 2020
51.5
53.5
53.8
Oct 2020
53.8
53.2
53.2
Sep 2020
53.2
52.5
53.1
Aug 2020
53.1
44.9
51.9
Jul 2020
51.9
51.3
47.5
Jun 2020
47.5
71.2
45.4
May 2020
45.4
18.6
31.1
Apr 2020
31.1
30.4
40.3
Mar 2020
40.3
50.0
48.7
Feb 2020
48.7
48.1
48.9
Jan 2020
48.9
46.6
46.2
Dec 2019
46.2
47.8
47.6
Nov 2019
47.6
46.7
47.7
Oct 2019
47.7
48.1
47.8
Sep 2019
47.8
49.2
48.7
Aug 2019
48.7
47.7
48.5
Jul 2019
48.5
50.1
48.4
Jun 2019
48.4
50.1
49.7
May 2019
49.7
49.8
49.1
Apr 2019
49.1
47.9
47.4
Mar 2019
47.4
47.7
47.7
Feb 2019
47.7
48.1
47.8
Jan 2019
47.8
49.2
49.2
Dec 2018
49.2
48.1
48.6
Nov 2018
48.6
49.2
Oct 2018
49.2
50.0
Sep 2018
50.0
50.1
Aug 2018
50.1
51.5
Jul 2018
51.5
53.3
Jun 2018
53.3
52.7

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