Italian HCOB Services PMI (Jan) 52.9 vs. Exp. 51.4 (Prev. 51.5)
Importance
Level 1
- “Employment continued to expand in January, with firms hiring across a range of operational and specialist roles. However, the pace of job creation remained only slight as companies increasingly showed caution around additional spending."
- “Price developments were mixed. Input cost inflation eased to its weakest rate in three months, even as staffing and energy expenses continued to rise."
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