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- Italy’s final manufacturing PMI declines to 54.1 in June
Italy’s final manufacturing PMI declines to 54.1 in June
Markit Economics released its final manufacturing purchasing managers' index (PMI) for Italy on Wednesday. Italy's manufacturing purchasing managers' index (PMI) fell to 54.1 in June from 54.8 in May.
The output rose in June, the employment growth remained unchanged, while input cost inflation climbed.
"The headline index's average over the second quarter as a whole was the highest since the first quarter of 2011, pointing to a positive contribution from manufacturing to overall GDP growth," Markit economist Phil Smith said.
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