Italy September Composite PMI Released: Economic Sentiment Rebounds

Markit released Italy’s Composite PMI for September on September 3, 2025. The reported figure was 51.7, with no consensus forecast provided; the previous reading was also 51.7.Definition: The Purchasing Managers’ Index (PMI) is a globally recognized macroeconomic indicator system used to monitor and forecast national economic activity. It covers sectors such as production, distribution, manufacturing, and non-manufacturing industries. Due to its rapid and straightforward survey methodology, PMI data exhibits less lag compared to official statistics and offers both comprehensive coverage and forward-looking guidance.Market Impact: A published figure above expectations is considered bullish for the euro. This indicator carries an importance rating of 1. The PMI survey tracks confidence levels among purchasing managers in manufacturing, construction, and/or services companies. The composite confidence index is generally calculated based on survey results relating to production, new orders, inventories, employment, and prices.The data is released monthly, with the next publication scheduled for November 5, 2025.

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