Italian HCOB Construction PMI (Apr) 44.8 (Prev. 46.8)

The drop in the Italian HCOB Construction PMI to 44.8 from the previous 46.8 suggests a continued contraction in the construction sector, reinforcing concerns about economic momentum in Italy.

Newsquawk StaffPublished 7 May 2026, 07:50 UTCOn the live feed at 07:30 UTC — 4 more headlines followed before this page went public

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07:40

[PREVIEW] Norges Bank Policy Decision on Thursday, 7th May.

07:36

"Pakistani source to Al Arabiya says Iran may hand over its response to the US proposal to the Pakistani mediator today", Al Arabiya

07:30

Italian HCOB Construction PMI (Apr) 44.8 (Prev. 46.8)

07:19

Pakistani Foreign Ministry says "We expect an urgent agreement between Iran and the United States", Al Araby reports

07:15

[MARKET UPDATE] Crude continues falling alongside the DXY, whilst equity and fixed income futures rise further following reports that US and Iran are said to be closer to reaching an understanding on the Strait of Hormuz

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Context

This significant decline could impact expectations for growth and potentially influence the outlook for monetary policy in the region as weakness in construction often signals broader economic challenges.

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