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Italian PMI rises to 11-month high in March
Business conditions in Italy’s manufacturing sector showed further signs of improvement in March, with latest su rvey data indicating solid and accelerated increases in factory output and employment. Helping drive the upturn was a further sharp gain in export orders. Price indicators meanwhile showed a weakening of deflationary forces, with input prices rising for th e first time in three months and output charges falling at a moderated rate. The headline Markit/ADACI Italy Manufacturing Purchasing Managers’ Index ® ( PMI ® ) – a single - figure measure of overall business conditions – read 53.3 in March, ... (full story)