Skyline of Florence, Italy

Italy PMI November 2022

Italy: Manufacturing PMI ticks up in November

The S&P Global Manufacturing Purchasing Managers’ Index (PMI) rose to 48.4 in November from October’s 46.5. Although the index remained entrenched below the 50.0 no-change threshold, this increase signaled a less marked deterioration in business conditions in the private sector compared to the previous month.

Novembers result was driven by softer contractions in new orders and production. While business confidence remained downbeat, it improved from October amid hopes of a recovery in demand. On the price front, the pace of input cost inflation slowed to the lowest level since October 2020, although it remained relatively high due to high energy and material costs. As a consequence, firms raised their prices at a more moderate pace.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest