July 01, 2020 at 08:45AM
Italy June manufacturing PMI 47.5 vs 47.8 expected
Latest data released by Markit – 1 July 2020
Looking at the details, factory output actually increased for the first time since July 2018 as plants start to reopen with firms working through unfinished orders to clear the backlog. Meanwhile, order book volumes continue to fall but at a less steep pace.