01.07.2025 09:14
Italy's June HCOB Manufacturing PMI unexpectedly fell short of forecasts, registering a disappointing 48.4 compared to the projected 49.5. This figure signals a contraction in the manufacturing sector, underscoring ongoing economic challenges.
The lower-than-anticipated PMI reading reflects a weakening in Italy's manufacturing activity, raising concerns among economists and investors alike. Further analysis is needed to fully understand the contributing factors behind this downturn.
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