Headlines

Italian S&P Global Services PMI (Oct) 52.0 vs. Exp. 51.5 (Prev. 51.7)

Newsquawk Staff ·

  • "Granular sub-sector data revealed the commercial & professional services segment was the only drag, with the consumer services and software & communication sectors recording fresh upturns. The financials & real estate segment continued to lead growth, despite softening again."
  • "The main challenges facing Italian service companies were softness in export demand and the build-up of cost pressures, two factors that are highly exposed to the ongoing conflict in the Middle East."

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