Italy April services PMI 50.4 vs 51.8 expected

Latest data released by Markit/ADACI - 6 May 2019

  • Prior 53.1
  • Composite PMI 49.5 vs 50.6 expected
  • Prior 51.5

Yet another sluggish reading with the services print missing expectations, resulting in a drop in the composite print back towards contraction territory. This just further confirms the stagnation seen the Italian economy since the end of last year.

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