AI Data Insight
Italy's Q2 2026 Manufacturing PMI recorded 52.2, falling from the previous value of 52.9 and coming in below market expectations. Sub-indices show that the growth rates of both output and new orders have slowed, and the previous support from "precautionary stockpiling" is fading. Looking ahead, although facing destocking pressure in the short term, cooling inflation and expectations for an easing of the Middle East situation have still boosted medium-term business confidence.