Latest data released by Markit - 3 July 2019
- Prior 50.0
- Composite PMI 50.1 vs 49.5 expected
- Prior 49.9
"Decent" numbers coming out of Italy considering how weak things have been as of late. The "good" news is that the composite reading did not contract for a third straight month but a reading of 50.1 is basically indicative of stagnant growth conditions and that will be reflected in Q2 GDP data when the time comes.
