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Italy August services PMI 52.6 vs 53.1 expected

Italy August services PMI 52.6 vs 53.1 expected

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Justin Low
05/09/2018 | 07:45 GMT

Latest data released by Markit/ADACI - 5 September 2018

  • Prior 54.0
  • Composite PMI 51.7 vs 52.2 expected
  • Prior 53.0

Misses on both fronts. The composite reading is the lowest print since October 2016, as the drag appears to be coming from business expectations which fell from 63.2 in July to 58.9 in August - the lowest since June 2013.

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