Prior 54.6Composite PMI 52.6Prior 53.5Italy's services sector stays in expansion although there is just a slight easing in activity and new business on the month. Stronger demand conditions is helping in that regard with jobs growth also quickening in April. However, price pressures were stronger as well with input price inflation rising to its highest in a year. HCOB notes that:“The Italian service sector is thriving and flourishing. In April, the HCOB PMI continued to signal robust growth for the service sector for yet another month, with an index value of 54.3. The outlook remains strong, reflected in a further increase in employment. Robust demand is accompanied by a sharp rise in inflat
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