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So Italian PMI manuf. a bit better.......>

ITALY DATA
ITALY DATA: So Italian PMI manuf. a bit better than expectations, but still
lower than in Jan.
Some mixed details with new orders contracting at the "fastest rate in nearly
six years" but business confidence "at five-month high"
PMI press release points to output falling but at a slightly slower pace than in
Jan.
"New product launches and a recovery in overall demand conditions were cited by
panellists as reasons to be optimistic."

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