Italian Services PMI keeps rising

Source: Markit
© Scanpix/Reuters
Driven by additional rises in new work within companies, the Italian business activity kept on rising in July. Although it had a solid increase to 52.8, it still represents a slight downfall from 53.9 in June, its highest level in forty three months. A minor drop to 53.2 had been forecast, so the data released represents an outstanding rise nevertheless.
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