Italy services growth slows in September
Italy's service sector growth slowed to a three-month low in September as cost pressures intensified due to Middle East turmoil. The PMI fell to 51.7 from 55.2 in August while input costs jumped.
Insights:
Italy's service sector expanded at the slowest pace in three months in September as input costs accelerated. The S&P Global services PMI fell to 51.7 from 55.2 in August. The reading missed the 54.7 consensus forecast from a Reuters survey of nine analysts.
