posted at 01:00
Author Name: Dina Spector
Italy PMI October 2014
REUTERS/Dominic EbenbichlerItaly's manufacturing PMI fell to 49.0 in October from 50.70 in September. Markit's purchasing managers' index is a commonly used survey for measuring the strength of a country's business activity. Any figure below 50 indicates the sector is contracting. Weakness on order front leads to job cuts as well as lower output Export growth dips to 22-month low Fastest decrease in backlogs of work for 18 months.

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