Italy March services PMI 48.8 vs 50.9 expected

Latest data released by HCOB - 7 April 2026 Prior 52.3Composite PMI 49.2 vs 52.1 priorKey findings:Fresh declines in output and new business Highest rate of cost inflation in over three years, driving a steeper hike in charges Confidence among weakest in more than five yearsComment:Eleanor Dennison, Economist at S&P Global Market Intelligence: "The Italian services economy showed… Prior 52.3 Composite PMI 49.2 vs 52.1 prior Key findings : . Fresh declines in output and new business Highest rate of cost inflation in over three years, driving a steeper hike in charges Confiden... Prior 52.3 Composite PMI 49.2 vs 52.1 prior Key findings : Fresh declines in output and new business Highest rate of cost inflation in over three years, driving a steeper hike in charges Confidence among weakest in more than five years Comment : Eleanor Dennison, Economist at S&P Global Market Intelligence: 'The Italian services economy showed signs of fragility in March, as challenging external conditions due to war in the… For traders, the practical value is less about the headline alone and more about how it changes context, sentiment and the quality of the next decision. Watch follow-through, not just the first reaction: liquidity, volatility and confirmation across related assets usually tell the real story.