Italian S&P Global Composite PMI (Mar) 49.2 (Prev. 52.1)

The decline in Italy's S&P Global Composite PMI to 49.2 is significant, as it indicates a contraction in economic activity, given that it fell below the neutral 50 level.

Newsquawk StaffPublished 7 Apr 2026, 08:05 UTCOn the live feed at 07:45 UTC — 15 more headlines followed before this page went public

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07:50

French S&P Global Services PMI Final (Mar) 48.8 vs. Exp. 48.3 (Prev. 49.6)

07:46

ECB's Wunsch says he is open to an interest rate rise at the April meeting; a lasting crisis would warrant a series of rate rises

07:45

Italian S&P Global Composite PMI (Mar) 49.2 (Prev. 52.1)

07:38

Russia's Yamal LNG ships first cargo to China since November, LSEG data shows

07:36

[CALENDAR ADDITION] Fed's Williams to speak on Bloomberg TV at 13:30BST/08:30EDT

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Context

This substantial drop from the previous reading of 52.1 suggests deteriorating business conditions and could impact market sentiment regarding growth prospects in the Eurozone, particularly influencing monetary policy expectations going forward.

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