Italy services PMI rises to 52

The index increased from the previous reading of 51.7, signaling stronger growth momentum in the services sector.

Meanwhile, the composite PMI came in at 50.8, matching market expectations but declining from the previous reading of 51.0. Both indicators remained above the 50-point threshold, signaling continued expansion in economic activity. Stronger services performance could support Italy's growth outlook while influencing European Central Bank (ECB) monetary policy expectations.