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Global Economy

Italian S&P Global Manufacturing PMI (Aug) 49.6 vs. Exp. 51.5 (Prev. 51.3)

StockNow breaking-news AI analysis

Italy's August manufacturing PMI dropped to 49.6, missing expectations amid external disruptions, though subdued input demand is slowly alleviating cost and supply chain pressures.

News detail

"The external environment continued to play a crucial part in keeping cost pressures elevated and disrupting supply chains. However, subdued market conditions and reduced demand for inputs means things are slowly moving in the right direction on both the cost and supply chain front."

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