Italian production sector surges to 32-month highest level

Source: Investing.com
The manufacturing sector of Italy posted a significant increase in activity in December of 2013, as the benchmark Purchasing managers' index grew to its biggest level in 32 months, reaching as much as 53.3 points against 51.4 points a month ago. Analysts predicted the PMI index to increase marginally to 51.8 points. The reading above 50 points indicates expansion in the sector.

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