Latest data released by Markit/ADACI - 5 April 2018
- Prior 55.0
- Composite PMI 53.5 vs 54.9 expected
- Prior 56.0
A decent miss for Italy. The composite reading is the lowest since January 2017.
While it is a minor data point, it's still one that feeds into overall Eurozone sentiment and how the economy is performing. And based on the recent turnaround after hitting the peak in December/January, not really good news to be honest.