HCOB Italy Manufacturing PMI (Sep)
Event Data
| Metric | Value |
|---|---|
| Actual | 49 ↓ |
| Forecast | 49.9 |
| Previous | 50.4 |
Analysis
The actual value of 49 fell short of the forecast of 49.9, suggesting economic concerns. This can put pressure on the EUR currency and may lead to increased market volatility.
HCOB Italy Manufacturing PMI (Sep) is an important economic indicator for Italy. This data is closely monitored by traders, investors, and policymakers to assess the health of the economy and make informed decisions. Regular monitoring of such indicators helps market participants anticipate central bank policy changes and economic trends.
Frequently Asked Questions
What is HCOB Italy Manufacturing PMI (Sep)?
HCOB Italy Manufacturing PMI (Sep) is an economic indicator released by Italy that measures important aspects of the economy. This data is closely monitored by traders, investors, and policymakers to gauge economic health and make informed decisions.
Why is this event important?
This event has Medium importance for financial markets. It provides valuable insights into the economic conditions of Italy.
How did the actual value compare to forecasts?
The actual value (49) fell short of the forecast (49.9), which may indicate economic weakness. This can put pressure on the EUR currency.
When was this data released?
This economic data was released on January 10, 2025 at 07:45 UTC. Economic calendars help traders plan around these releases to manage risk and capitalize on market movements.
