• Italy’s services PMI remains unchanged at 53.4 in November

Market news

3 December 2015

Italy’s services PMI remains unchanged at 53.4 in November

Markit/ADACI's services purchasing managers' index (PMI) for Italy remained unchanged at 53.4 in November.

A reading above 50 indicates expansion in the sector.

The index was driven by a rise in new business and employment.

"The services PMI has settled at a near-constant level over the past three months, indicating a phase of steady growth in the sector," an economist at Markit Phil Smith said.

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