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2025-08-01 16:19:10
Italy's Manufacturing PMI rebounded to 49.8 in July, approaching the boom-bust line. (1) Italy's manufacturing PMI rose to 49.8 in July from 48.4 in June, exceeding market expectations of 49.0 and marking the slowest contraction since March 2024. (2) New orders declined only slightly, and the decline in output narrowed compared to the previous month. Employment declined for the tenth consecutive month, primarily due to voluntary resignations rather than layoffs. (3) Input costs and output prices rose simultaneously for the first time in three months, primarily due to rising raw material costs. (4) Business confidence improved, driven by optimistic expectations for the economic and geopolitical situation, new product launches, and customer acquisition.
