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ITALY DATA
MNI (London)
ITALY DATA: Business Sentiment (May 2020)
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-May SA manufacturing morale 71.2 vs Mar 87.2
-May composite business sentiment indicator 51.1; Mar 79.5
-Business sent. lowest in time series (since Mar 2005)--ISTAT
-Intermediate, capital, consumer goods fell sharply--ISTAT
-Manufacturing current orders -63.9 in May vs -23.9 in Mar
-3-month manuf. output outlook fell -26.9 vs -23.6 in Mar
-Current manufacturing inventory levels up +6.1 vs +3.9 in Mar
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com