A post by @FirstSquawk on X.
ITALY'S OCTOBER SERVICES PMI INCREASES TO 52, BEATING EXPECTATIONS OF 51.5.
@FirstSquawk on X
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Italy’s October services PMI rose to 52 from expectations of 51.5, signaling a faster expansion in the country’s services sector. The reading above 50 indicates continued growth in services activity, beating consensus forecasts. The stronger-than-expected print matters as a sign of resilience in Italy’s economy at the start of the fourth quarter. Investors will watch whether the improvement carries into November and whether it influences broader euro-area growth assessments.
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Italy