Italian PMI signals ongoing downturn in Italian manufacturing

At a three-month low of 45.1 in November, down from October’s reading of 45.5, the seasonally adjusted Markit/ADACI Purchasing Managers’ Index® (PMI®) signalled a further deterioration in the health of Italy’s manufacturing sector. The sub-50 posting was the sixteenth in consecutive months and…

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Italian PMI signals ongoing downturn in Italian manufacturing