Italy: Purchasing Managers Index (PMI), composite
* indicates monthly or quarterly data series
| Italy |
Purchasing Managers Index (PMI), composite |
|---|---|
| Latest value | 55.3 |
| Reference | April 2023 |
| Measure | index points |
| Source | Markit Economics |
For that indicator, we provide data for Italy from July 2017 to April 2023. The average value for Italy during that period was 50.62 index points with a minimum of 10.9 index points in April 2020 and a maximum of 59.1 index points in August 2021.
Click on the following link to see the values of Purchasing Managers Index (PMI), composite around the world.
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* indicates monthly or quarterly data series
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Measure: index points
Source: Markit Economics
Source: Markit Economics
Definition: The composite Purchasing Managers’ Index (PMI) is an indicator of economic health for manufacturing and service sectors. The purpose of the PMI is to provide information about current business conditions to company decision makers, analysts and purchasing managers. Each country PMI survey for the manufacturing or service sector is based on questionnaire responses from panels of senior purchasing executives (or similar) at over 400 companies.
The composite PMI is a number from 0 to 100. A PMI above 50 represents an expansion when compared with the previous month. A PMI reading under 50 represents a contraction, and a reading at 50 indicates no change.