Italian S&P Global Services PMI (Apr) 49.8 vs. Exp. 48.1 (Prev. 48.8)

The Italian S&P Global Services PMI came in stronger than expected at 49.8 versus the 48.1 consensus, marking an improvement from the previous reading of 48.8.

Newsquawk StaffPublished 6 May 2026, 08:05 UTCOn the live feed at 07:45 UTC — 13 more headlines followed before this page went public

Newsquawk headlinesUTC

07:50

French S&P Global Composite PMI Final (Apr) 47.6 vs. Exp. 47.6 (Prev. 48.8)

07:46

Iranian and Saudi Arabian Foreign Ministers held a phone call; stressed continuing diplomacy and prevent escalation of tensions

07:45

Italian S&P Global Services PMI (Apr) 49.8 vs. Exp. 48.1 (Prev. 48.8)

07:34

Journalist Mallick posts "...i would not be surprised if there is an incoming Iranian proposal to Washington via Islamabad, soon."

07:32

Equinor (EQNR NO) says they will return to the topic of buybacks and dividends as the year progresses

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Context

This uptick suggests a slight pickup in services sector activity, which could influence investor sentiment towards Italy's economic resilience and potentially shape expectations for ECB policy moving forward.

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