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PMI down to all-time low in March (2)

Activity collpases to 20.2 pts from 50.7 in Feb, services 17.4

Redazione Ansa

(ANSA) - Rome, April 3 - Italy's composite purchasing managers index (PMI), a gauge of manufacturing and service activity, fell to an all-time low of 20.2 points in March, from 50.7 in February, the IHS Markit research agency said Friday.
    New manufacturing orders collapsed to an all-time low of 18.4 from 51.3 in February and the service sector also fell to a record low of 17.4 in March from 52.1 in February, with new orders down from 52.2 to 13.8.
   

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