TeleTrade - Analytics

TeleTrade

518.25 6.75/10
50% of positive reviews
Real

03.03.2016 15:53 Italy’s services PMI increases to 53.8 in February

Markit/ADACI's services purchasing managers' index (PMI) for Italy increased to 53.8 in February from 53.6 in January.

A reading above 50 indicates expansion in the sector.

The index was driven by a faster growth in new business.

"The service sector maintained growth momentum into February, with businesses recording higher levels of activity as well as a faster rise in incoming new work," an economist at Markit Phil Smith said.



To leave a comment you must be or register