ITALIAN PMI WEAK AGAIN, MISSES EXPECTATIONS AT 47.9

Italy

Photo: Flickr/Blaster

ORIGINAL POST: Up next in the PMI parade: Italy.Expectations are for the index to improve from 47.8 to 48.0.

We’ll have the numbere here when it’s live in a few minutes.

UPDATE:

The number is out, and it’s basically flat from last month, at 47.9, just missing expectations of 48.0.

Either way, this is well below 50, and further confirming more contraction.

From the report, via Markit.

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