Italy October Composite PMI Released: Economic Sentiment Rebounds

Markit announced Italy’s October Composite PMI on October 3, 2025. The published figure was 51.7; no consensus forecast was provided. The previous reading was also 51.7.Definition: The Purchasing Managers’ Index (PMI) is one of the internationally recognized macroeconomic monitoring indicators. It plays a key role in tracking and forecasting national economic activity, covering areas such as production, distribution, manufacturing, and non-manufacturing sectors. Due to its rapid and straightforward survey methodology, PMI data is released with less delay compared to official statistics and offers both comprehensive and instructive insights.Market Impact: A reading above expectations is generally supportive for the euro.Data Importance: Rated as Level 1. The PMI survey tracks the sentiment of purchasing managers in manufacturing, construction, and/or service companies. The composite confidence index is typically calculated based on survey results in production, orders, inventories, employment, and prices. The release frequency is monthly, with the next report scheduled for next month.

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