Global EconomyIMPORTANT
Italian S&P Global Composite PMI (Jul) 52.5 (Prev. 50.8)
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Italy's July Composite PMI rose to 52.5, driven by strong services. However, manufacturing weakened, and businesses remain cautious about future growth due to persistent geopolitical uncertainty.
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"We are yet to see a full recovery in business sentiment across the sector, however, as respondents look to the future with doubt given continued geopolitical uncertainty."
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