FOREX TradingCharts.com

Financial News: Italy Manufacturing Growth At 18-Month Low

Italy Manufacturing Growth At 18-Month Low

06/01/2018 - 06:20:00 (RTTNews)

(RTTNews) - Italy's manufacturing activity expanded at the slowest pace in one-and-a-half years in May, survey data from IHS Markit showed Friday.

The headline Purchasing Managers' Index, or PMI, dropped to 52.7 in May from 53.5 in April. However, any reading above 50 indicates expansion in the sector.

The slowdown in growth was mainly due to weaker gains in both output and new orders amid softer underlying demand.

Despite this, manufacturers raised their workforce numbers further in May and this resulted the strongest decline in backlogs of work for two-and-a-half years.

On the price front, input costs rose sharply in May, while output price inflation was the lowest record by the survey since last year.

Finally, business optimism remained high amid positive projections for demand and investment.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2018 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


BRAZIL: Government To Wait For Supreme Court Ruling On Freight Table (01 hr(s), 14 min(s), 18 sec(s) ago)
(RTTNews) - President Michel Temer said Monday that the Brazilian government should await the deci ...Full Story»

BRAZIL: DI Rates Open Higher With Trade War, USD, Before Monetary Decision (01 hr(s), 23 min(s), 18 sec(s) ago)
(RTTNews) - The one-day interbank deposit futures rates (DI rates) in Brazil opened higher Tuesday ...Full Story»

Draghi Reiterates ECB To Remain Patient In Hiking Rates (02 hr(s), 50 min(s), 18 sec(s) ago)
(RTTNews) - European Central Bank President Mario Draghi reiterated on Tuesday that the bank will ...Full Story»

U.S. Housing Starts Jump More Than Expected But Building Permits Plummet (04 hr(s), 35 min(s), 18 sec(s) ago)
(RTTNews) - While the Commerce Department released a report on Tuesday showing a much bigger than ...Full Story»

China Adds More Stimulus As Trade Dispute Escalates (05 hr(s), 14 min(s), 18 sec(s) ago)
(RTTNews) - China's central bank added more funds into the financial system on Tuesday after t ...Full Story»

U.S. Housing Starts Jump More Than Expected In May (05 hr(s), 12 min(s), 18 sec(s) ago)
(RTTNews) - While the Commerce Department released a report on Tuesday showing a much bigger than ...Full Story»

Hungary's Central Bank Keeps Rates Unchanged (05 hr(s), 43 min(s), 18 sec(s) ago)
(RTTNews) - Hungary's central bank maintained its interest rates, as widely expected, on Tuesd ...Full Story»

Portugal PPI Inflation At 1-Year High (07 hr(s), 13 min(s), 18 sec(s) ago)
(RTTNews) - Portugal's producer price inflation accelerated further in May to the highest leve ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

BRAZIL: Government To Wait For Supreme Court Ruling On Freight Table

06/19/2018 - 12:42 PM (RTTNews)
(RTTNews) - President Michel Temer said Monday that the Brazilian government should await the deci ...Full Story>>

BRAZIL: DI Rates Open Higher With Trade War, USD, Before Monetary Decision

06/19/2018 - 12:33 PM (RTTNews)
(RTTNews) - The one-day interbank deposit futures rates (DI rates) in Brazil opened higher Tuesday ...Full Story>>

Draghi Reiterates ECB To Remain Patient In Hiking Rates

06/19/2018 - 11:06 AM (RTTNews)
(RTTNews) - European Central Bank President Mario Draghi reiterated on Tuesday that the bank will ...Full Story>>

U.S. Housing Starts Jump More Than Expected But Building Permits Plummet

06/19/2018 - 09:21 AM (RTTNews)
(RTTNews) - While the Commerce Department released a report on Tuesday showing a much bigger than ...Full Story>>

U.S. Housing Starts Jump More Than Expected In May

06/19/2018 - 08:44 AM (RTTNews)
(RTTNews) - While the Commerce Department released a report on Tuesday showing a much bigger than ...Full Story>>

Binary Options Articles Courtesy of NADEX

These pages, and all content ©TradingCharts.com Inc and other copyright holders. Permission is not granted to redistribute charts, data, news or other information found on this site, in any manner. Although it is believed that information provided is accurate, TradingCharts will not accept liability for any loss or damage that may arise from use of the content, inability to access the website, or delay or failure of receive of any information provided through this site.