IT Manufacturing PMI
It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy;
Above 50.0 indicates industry expansion, below indicates contraction;
- IT Manufacturing PMI Graph
- History
Expected Impact / Date | Actual | Forecast | Previous |
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Oct 1, 2024 | 48.3 | 49.0 | 49.4 |
Sep 2, 2024 | 49.4 | 48.0 | 47.4 |
Aug 1, 2024 | 47.4 | 46.0 | 45.7 |
Jul 1, 2024 | 45.7 | 44.3 | 45.6 |
Jun 3, 2024 | 45.6 | 47.9 | 47.3 |
May 2, 2024 | 47.3 | 50.3 | 50.4 |
Apr 2, 2024 | 50.4 | 48.9 | 48.7 |
Mar 1, 2024 | 48.7 | 49.0 | 48.5 |
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- IT Manufacturing PMI News
The Italian manufacturing sector remained in contraction in September. The downturn deepened following faster declines in output levels, new orders and pre-production inventories. Despite the overall deterioration in the health of the sector, manufacturers raised headcounts at one of the most pronounced rates seen for around two-and-a-half years. Nevertheless, confidence towards future output declined notably. Turning to prices, costs rose marginally in September and selling prices were reduced, albeit only slightly. The HCOB Italy ...
Italian manufacturers continued to face subdued demand conditions in August and were still hesitancy to raise production levels as a result. That being said, the latest HCOB PMI® data provided some positive signals. Though still in contraction territory, output, new orders, purchasing activity and input stocks all declined at softer rates. It was clear that firms were feeling more confident towards the future, as the outlook for output was its brightest for three years and jobs growth returned. The HCOB Italy Manufacturing Purchasing ...
Though manufacturers faced challenging operating conditions again in July, there were signs of the downturn easing, with both output and new orders falling at softer rates. Cost pressures intensified amid reports of hiked raw material prices and energy costs. The rate of input price inflation was the strongest since November 2022. Firms nevertheless continued to discount selling prices, albeit only marginally. The HCOB Italy Manufacturing Purchasing Managers’ IndexTM (PMI®), a composite single-figure indicator of manufacturing ...
The health of the Italian manufacturing sector declined again in June, marking a third successive monthly deterioration in operating conditions, following a brief period of improvement in March. A weakening demand environment led manufacturers to reduce their output at an accelerated pace. Despite cost pressures quickening, output charges were reduced again, as firms opted to tighten their profit margins to remain price competitive. Nevertheless, confidence in the outlook improved from May. The HCOB Italy Manufacturing Purchasing ...
The Italian manufacturing sector downturn was sustained in May, following a fleeting period of growth in March. Operating conditions deteriorated at a sharper rate, underpinned by rapidly reduced order book volumes. In response, manufacturers lowered their production volumes again, which in turn led firms to cut jobs and reduce input buying. Though companies faced steeper cost pressures due to rising raw material prices, they continued to reduce charges to encourage sales. The HCOB Italy Manufacturing Purchasing Managers’ IndexTM ...
After PMI data had hinted at the start of a recovery in March, an upturn in the Italian goods producing sector failed to materialise in April. Both new orders and output signalled renewed declines. It was clear that cost cutting was on the agenda as input buying was down, in an attempt to run down stocks. At the same time, input costs rose for the first time in 15 months, but selling prices saw little change on the month. The HCOB Italy Manufacturing Purchasing Managers’ IndexTM (PMI®), a composite single-figure indicator of ...
Italy's manufacturing sector showed some signs of positivity in March, with both new orders and output edging just inside growth territory. Optimism towards the year-ahead outlook picked up, and firms recorded the quickest jobs growth seen for a year. That said, with new orders rising only fractionally, manufacturers continued to cut stocks and downscaled their purchasing activity. The HCOB Italy Manufacturing Purchasing Managers’ IndexTM (PMI®), a composite single-figure indicator of manufacturing performance derived from indicators ...
Latest PMI® data showed a deterioration in the operating conditions faced by Italian manufacturers compared to January. Firms continued to report subdued demand and lower order numbers, to which they responded by reducing production volumes. Despite this, companies increased workforce levels in February, which in turn aided the depletion of outstanding orders. Muted demand conditions also led to the reduction of both costs and charges. The HCOB Italy Manufacturing Purchasing Managers’ IndexTM (PMI®), a composite single-figure ...
Released on Oct 1, 2024 |
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Released on Sep 2, 2024 |
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Released on Mar 1, 2024 |
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