MILAN, 01 FEB – The Italian manufacturing sector is expanding again in January. After six consecutive months of results below 50, the level below which economic activity contracts, the SP Global PMI rose to 50.4 in January, from 48.5 in December, marking the best figure since June 2022. For SP Global there are “signs of stabilization”: “production has returned to growing slightly, orders have decreased to a much lower level and the level of employment has increased once again. Forecasts for future activity have risen sharply since late 2022, while cost inflation has sunk to its lowest level in nearly two-and-a-half years. (HANDLE).
(ANSA)
