Italian Manufacturing Expands For The First Time In 2 Years, As Exports Surge

This is a very nice report from Italy.

The country’s latest PMI reading indicated the first expansion in 2 years, thanks to strong export orders.

The reading of 50.4 was above last month’s 49.7.

From Markit, here’s the quick dish.

Screen Shot 2013 08 01 at 3.45.29 AM

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at