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Services return to growth, Italy PMI index rises to 51.2

2023-02-03T11:12:42.602Z


The S&P Global PMI services index in Italy rose to 51.2 in January, up from 49.9 in December. (HANDLE)


(ANSA) - MILAN, FEBRUARY 03 - The S&P Global PMI index of services in Italy rose to 51.2 in January, up from 49.9 in December.

This is the best data since last June: the first growth in five months allows our country to exceed the threshold of 50, bringing the business back into a phase of expansion.

"The Italian tertiary sector has started 2023 on a positive note by marking the first simultaneous increase in both activity and new orders since last June", notes S&PGlobal, which notes how companies have "continued to hire additional staff, partly reflecting the growing optimism about the future ".

(HANDLE).


Source: ansa

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