Italy October Services PMI: Positive Signals Emerging

Market research firm Markit released Italy’s October Services PMI data on October 3, 2025. The reported figure was 52.5, with no forecast available; the previous reading was also 52.5.Data definition: This index surveys service sector enterprises, with respondents providing qualitative assessments of business conditions. Survey topics include employment, output, new orders, prices, supplier delivery times, and inventory levels. Market impact: A published value exceeding expectations is typically supportive for the euro and non-USD currencies.The data is assigned an importance level of 2. The PMI survey tracks confidence among purchasing managers in the manufacturing, construction, and/or services sectors. This indicator is released monthly, with the next publication scheduled for the following month.

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