Market research firm Markit released Italy’s September Services Purchasing Managers’ Index (PMI) on September 3, 2025. The reported value was 51.5, matching both the forecast and the previous reading of 51.5.The index is based on a survey of service sector enterprises, where respondents provide qualitative assessments of business conditions, including employment trends, output levels, new orders, prices, supplier delivery times, and inventory status. In terms of market impact, a reading above expectations typically supports the euro and other non-USD currencies.This data is considered to have medium importance. The PMI methodology tracks the confidence levels of purchasing managers in manufacturing, construction, and/or services companies. The composite confidence index is calculated from survey results covering output, orders, inventories, employment, and prices. The PMI is published monthly, with the next release scheduled for November 5, 2025.
This content is AI-generated.Please verify before use.
Disclaimer: The Crypto Calendar is for informational purposes only and doesn’t reflect Gate.com’s views or serve as financial advice.