Latest data released by Markit/ADACI - 5 December 2018

  • Prior 49.2
  • Composite PMI 49.3 vs 49.1 expected
  • Prior 49.3

The services print recovers back to expansion territory but as a whole the composite reading still shows a contraction after the dismal manufacturing print earlier in the week. Not a great sign of confidence still coming out of Italy but at least things aren't getting that much worse.