PMI up from 45.3 in December to 48.5 in January - Business

2024-02-01T13:50:13.773Z

Highlights: PMI up from 45.3 in December to 48.5 in January, according to the PMI HBOC indices. The figure is higher than economists' expected and reflects a rise in manufacturing activity in Italy. HBOC economist Tariq Kamal Chaudhry said "there is optimism for the future if the upward trend continues" ALL RIGHTS RESERVED © Copyright ANSA. All rights reserved. Italy's Purchasing Managers' Index (PMI) was up from. 45.2 in December.

Italy's Purchasing Managers' Index (PMI) was up from 45.3 in December to 48.5 in January, according to the PMI HBOC indices updated Thursday. The figure is higher than economists' expected and reflects a rise in manufacturing activity in Italy. (HANDLE)