{"id":433145,"date":"2026-07-03T14:45:04","date_gmt":"2026-07-03T07:45:04","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/italy-june-services-pmi-50-2-vs-50-5-expected-433145\/"},"modified":"2026-07-03T14:45:04","modified_gmt":"2026-07-03T07:45:04","slug":"italy-june-services-pmi-50-2-vs-50-5-expected","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/italy-june-services-pmi-50-2-vs-50-5-expected-433145\/","title":{"rendered":"Italy June services PMI 50.2 vs 50.5 expected"},"content":{"rendered":"<div>\n<ul>\n<li>Prior 49.4<\/li>\n<li>Composite PMI 50.8 vs 50.4 prior<\/li>\n<\/ul>\n<p>Key findings:<\/p>\n<ul>\n<li>Growth of Italian service sector reinstated, supported by fresh intake of new business in June<\/li>\n<li>Strength in domestic sales drives renewed growth in total new business <\/li>\n<li>Cost pressures soften and confidence improves<\/li>\n<\/ul>\n<p>Comment:<\/p>\n<p>Eleanor Dennison, Economist at S&amp;P Global Market Intelligence: <\/p>\n<p>&#8220;The service sector joined its manufacturing counterpart in signalling an expansion in June, but only just eking out growth. This was supported by a modest and renewed uptick in new business. <\/p>\n<p>&#8220;Services companies again faced a steep degree of cost pressure but signalled only a moderate increase in their charges. However, rates of both cost and charge inflation did retreat in June. Although the gap between the two price gauges is still above-average, it is far smaller than May where the divergence was its greatest in almost three-and-a-half years. Signs that the heat is coming off inflation will be a welcome reprieve at service providers and consumers alike. <\/p>\n<p>&#8220;This move away from the two-speed, manufacturing backed, economy seen in recent months is a much welcomed development, particularly given the uncertainty around whether stockpiling-driven support in the goods-producing sector will drop off.&#8221;<\/p>\n<p>                            This article was written by Giuseppe Dellamotta at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Prior 49.4 Composite PMI 50.8 vs 50.4 prior Key findings: Growth of Italian service sector reinstated, supported by fresh intake of new business in June Strength in domestic sales drives renewed growth&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-433145","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/433145","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=433145"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/433145\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=433145"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=433145"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=433145"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}