Italian S&P Global Manufacturing PMI (Jun) 52.2 vs. Exp. 52.6 (Prev. 52.9)

"Rates of cost and charge inflation were their softest since March, just after outbreak of the Middle East war, and the deterioration in supply chain performance was also the least pronounced over this period. Although firms were more upbeat towards the 12-month outlook, it is clear they are counting on an improvement in the business environment."