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Italy Mar Mfg PMI Contraction Sharpens to 11-yr Low, Misses
IHS Markit revealed that Italy Manufacturing Purchasing Managers’ Index (PMI) fell from 48.7 in February to 40.3 in March, the lowest level since April 2009 and trailing the ...
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<European Economy>Italy Mar Mfg PMI Contraction Sharpens to 11-yr Low, Misses
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2020/04/01 16:10
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IHS Markit revealed that Italy Manufacturing Purchasing Managers’ Index (PMI) fell from 48.7 in February to 40.3 in March, the lowest level since April 2009 and trailing the consensus of 41, as the coronavirus pandemic outspread in the country and across the world led to output suspension and travel restrictions.
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