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Italy Manufacturing PMI

Italy's Manufacturing PMI fell by 2.8% to 49.0 points in September 2025, reaching a three-month low. This followed a reading of 50.4 points in August. The decline was caused by lower production and new orders. Production fell to 49.2 from 52.2. New orders dropped to 47.6 from 50.2. Export orders decreased at their fastest pace since March due to weaker international demand. However, employment increased for the first time in a year, driven by business expansion plans. Italy's record low Manufacturing PMI was 43.8 in June 2023 and record high was 52.0 in February 2023.

Monthly Historical Data (2022-2025)

(in points)
Month Manufacturing PMI (points)
Sep 2025 49
Aug 2025 50.4
Jul 2025 49.8
Jun 2025 48.4
May 2025 49.2
Apr 2025 49.3
Mar 2025 46.6
Feb 2025 47.4
Jan 2025 46.3
Dec 2024 46.2
Nov 2024 44.5
Oct 2024 46.9
Sep 2024 48.3
Aug 2024 49.4
Jul 2024 47.4
Jun 2024 45.7
May 2024 45.6
Apr 2024 47.3
Mar 2024 50.4
Feb 2024 48.7
Jan 2024 48.5
Dec 2023 45.3
Nov 2023 44.4
Oct 2023 44.9
Sep 2023 46.8
Aug 2023 45.4
Jul 2023 44.5
Jun 2023 43.8
May 2023 45.9
Apr 2023 46.8
Mar 2023 51.1
Feb 2023 52
Jan 2023 50.4
Dec 2022 48.5
Nov 2022 48.4
Oct 2022 46.5
Sep 2022 48.3
Aug 2022 48

Recent Events

datetime event actual previous consensus
2025-10-01 03:45 AM HCOB Manufacturing PMI (Sep) 49 50.4 50
2025-09-01 03:45 AM HCOB Manufacturing PMI (Aug) 50.4 49.8 49.8

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Italy Manufacturing PMI : Definition
The Italy Manufacturing PMI from S&P Global gauges the health of Italy's manufacturing sector. It is calculated using survey data from purchasing managers on new orders, production, employment, supplier delivery times and stocks of purchases. A value above 50 signals sector expansion while a value below 50 indicates contraction.