Italian factories ‘trapped in recession’ – S&P ...News

Russia Today - News
Italian factories ‘trapped in recession’ – S&P
The country’s manufacturing sector has been contracting for six months, a new survey has revealed Factories in Italy have seen a downturn for six months in a row, as manufacturing continues to decline in a sign of a deep industrial recession, Bloomberg reported on Monday, citing a survey by S&P Global. An index based on responses from purchasing managers (PMI) stood at 46.8 in September, compared to 45.4 in August, well below the mark of 50, indicating a contraction. Italian industry and manufacturing, in particular, have been struggling in the past several months due to a lack of new orders as global demand weake

Hence then, the article about italian factories trapped in recession s p was published today ( ) and is available on Russia Today ( News ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Italian factories ‘trapped in recession’ – S&P )

Apple Storegoogle play

Last updated :

Also on site :