-
Italian manufacturing sector downturn continues in September
With weak demand conditions continuing to weigh on the Italian manufacturing sector, the health of the good-producing economy deteriorated further in September. Sustained, but softer declines in production and new orders drove the downturn, latest HCOB PMI® data showed. Furthermore, decreases in both operating costs and prices charged persisted, albeit with rates of decline easing on the month. The HCOB Italy Manufacturing Purchasing Managers’ Index® (PMI®), a composite single-figure indicator of manufacturing performance derived from indicators for new orders, output, employment, suppliers’ delivery times and ... (full story)