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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
ITALY DATA
MNI (London)
ITALY DEC MANUF. PMI 48.5 (FCST 48.6); NOV 48.4
Italy saw a marginal 0.1-point improvement to 48.5 in the December manufacturing PMI, inching up for a second consecutive month.
Highlights from the press release:
- December marked six months of contractive manufacturing activity as weak demand conditions saw production fall, albeit at a softer pace into year-end.
- Order books fell sharply again in December, however at the slowest rate of decrease since May. Backlogs continued to decline, signalling spare capacity on the back of low demand.
- Employment increased marginally.
- Prices remained elevated, although the rate of inflation was the softest since late 2020.
- Optimism strengthened to a 7-month high, amidst initial signs of improved future demand.
- Final prints for France, Germany and the Eurozone saw a 0.3-point uptick for France to 49.2, and a 0.3-point weaker final German PMI at 47.1.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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