FOREX TradingCharts.com

Financial News: Italy's Private Sector Remains In Negative Territory

Italy's Private Sector Remains In Negative Territory

06/05/2019 - 07:42:00 (RTTNews)

(RTTNews) - Italy's private sector contracted again in May but the pace of decline was slower than that seen in April, survey data from IHS Markit showed Wednesday.

The composite output index rose unexpectedly to 49.9 in May from 49.5 in April, signaling the sixth time in the last eight months that the output failed to expand.

The reading was expected to drop to 49.3. A score below 50 indicates contraction in the sector.

The latest softer downturn was driven by a less marked contraction in manufacturing output. Meanwhile, service providers indicated no-change in business activity from April.

The services Purchasing Managers' Index came in at 50.0 in May compared to 50.4 in April. The stagnation followed three consecutive months of growth. The expected score was 49.9.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2019 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


RBA Minutes On Tap For Tuesday (03 hr(s), 32 min(s), 01 sec(s) ago)
(RTTNews) - The Reserve Bank of Australia will on Tuesday release the minutes from its June 4 meet ...Full Story»

ECB's Coeure: Tiering To Be Considered If Rates Have To Be Cut - FT (10 hr(s), 59 min(s), 01 sec(s) ago)
(RTTNews) - The European Central Bank Governing Council would consider the impact of negative inte ...Full Story»

U.S. Homebuilder Confidence Unexpectedly Pulls Back In June (11 hr(s), 15 min(s), 01 sec(s) ago)
(RTTNews) - After reporting a substantial improvement in U.S. homebuilder confidence in the previo ...Full Story»

New York Manufacturing Activity Unexpectedly Contracts In June (11 hr(s), 39 min(s), 01 sec(s) ago)
(RTTNews) - Manufacturing activity in New York took a sharp downward turn in the month of June, ac ...Full Story»

New York Manufacturing Activity Unexpectedly Contracts In June (12 hr(s), 48 min(s), 01 sec(s) ago)
(RTTNews) - Manufacturing activity in New York took a sharp downward turn in the month of June, ac ...Full Story»

Eurozone Labor Costs Growth Improves In Q1 (13 hr(s), 01 min(s), 01 sec(s) ago)
(RTTNews) - Eurozone labor costs increased at a slightly faster pace in the first quarter, Eurosta ...Full Story»

Germany GDP To Contract In Q2: Bundesbank (13 hr(s), 19 min(s), 01 sec(s) ago)
(RTTNews) - Germany's economy is set to contract slightly in the second quarter, Bundesbank sa ...Full Story»

UK Labor Costs Growth Lowest Since Mid-2017 (13 hr(s), 44 min(s), 01 sec(s) ago)
(RTTNews) - UK labor costs increased at the joint-lowest rate since mid-2017, the Office for Natio ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

RBA Minutes On Tap For Tuesday

06/17/2019 - 18:00 PM (RTTNews)
(RTTNews) - The Reserve Bank of Australia will on Tuesday release the minutes from its June 4 meet ...Full Story>>

ECB's Coeure: Tiering To Be Considered If Rates Have To Be Cut - FT

06/17/2019 - 10:33 AM (RTTNews)
(RTTNews) - The European Central Bank Governing Council would consider the impact of negative inte ...Full Story>>

U.S. Homebuilder Confidence Unexpectedly Pulls Back In June

06/17/2019 - 10:17 AM (RTTNews)
(RTTNews) - After reporting a substantial improvement in U.S. homebuilder confidence in the previo ...Full Story>>

New York Manufacturing Activity Unexpectedly Contracts In June

06/17/2019 - 09:53 AM (RTTNews)
(RTTNews) - Manufacturing activity in New York took a sharp downward turn in the month of June, ac ...Full Story>>

New York Manufacturing Activity Unexpectedly Contracts In June

06/17/2019 - 08:44 AM (RTTNews)
(RTTNews) - Manufacturing activity in New York took a sharp downward turn in the month of June, ac ...Full Story>>
Copyright © 2019. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.