Wed, 01 Aug 2012 11:47:54 GMT
Italy's PMI hits 3-month low
Italy's seasonally adjusted Purchasing Managers' Index slipped to the lowest level in three month of 44.3 in July, from 44.6 in June, reported by Markit on Wednesday. The survey posted that producers reduced employee number at the quickest pace since October 2009, while output tumbled rapidly in July. Both output and input prices fell in July.