{"id":427905,"date":"2026-03-04T15:51:55","date_gmt":"2026-03-04T08:51:55","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/2026\/03\/italy-february-services-pmi-52-3-vs-52-0-expected\/"},"modified":"2026-03-04T15:51:55","modified_gmt":"2026-03-04T08:51:55","slug":"italy-february-services-pmi-52-3-vs-52-0-expected","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/italy-february-services-pmi-52-3-vs-52-0-expected-427905\/","title":{"rendered":"Italy February services PMI 52.3 vs 52.0 expected"},"content":{"rendered":"<div>\n<ul>\n<li>Prior 52.9<\/li>\n<li>Composite PMI 52.1 vs 51.4 prior<\/li>\n<\/ul>\n<p>Key findings:<\/p>\n<ul>\n<li>Weaker rise in new business volumes, despite fresh increase in exports\n<\/li>\n<li>Job creation hits seven-month high as outlook brightens\n<\/li>\n<li>Inflationary pressures increase<\/li>\n<\/ul>\n<p>Comment:<\/p>\n<p>Commenting on the PMI data, Jonas Feldhusen, Junior Economist at Hamburg Commercial Bank, said:\n<\/p>\n<p>\u201cOverall, the latest PMI figures paint an encouraging picture. The manufacturing sector recorded a solid improvement, while<br \/>\nthe service sector continues to expand at a comfortable pace. This could give Italy&#8217;s private sector a welcome boost overall<br \/>\nand enable it to get off to a solid start in the first quarter of the new year.\n<\/p>\n<p>\u201cThe services sector remains in clear expansion mode. Some firms benefited in February from the Winter Olympics in Milan<br \/>\nand Cortina, while others reported broad-based gains from new clients and successful bids in public tenders. A further<br \/>\npositive sign is that foreign demand increased slightly after three consecutive months of decline.\n<\/p>\n<p>\u201cThe outlook, however, is more challenging to gauge. Around a third of panellists anticipate an expansion of business activity<br \/>\nover the coming twelve months (compared to only 10% that expect a fall), and the corresponding index has risen compared<br \/>\nto January. Yet by historical standards, sentiment remains subdued. The continued upward trend in hiring signals cautious<br \/>\noptimism: firms are looking ahead positively, but their stance remains measured.\n<\/p>\n<p>\u201cPrice and cost pressures remain elevated across Italy\u2019s service sector. Companies cite rising wages as well as higher<br \/>\ntransport and energy costs. Output prices also increased in February, partly driven by markups from businesses benefiting<br \/>\nfrom the Olympic Games.\u201d<\/p>\n<p>                            This article was written by Giuseppe Dellamotta at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Prior 52.9 Composite PMI 52.1 vs 51.4 prior Key findings: Weaker rise in new business volumes, despite fresh increase in exports Job creation hits seven-month high as outlook brightens Inflationary pressures increase&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-427905","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/427905","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=427905"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/427905\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=427905"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=427905"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=427905"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}