Italian Construction Sector Slides Back into Contraction in November, PMI Shows

03:39 AM EST, 12/04/2025 (MT Newswires) -- Italy's construction activity contracted for the first time since August, with the decline in output seen across all three subsectors amid a lack of new work, S&P Global and Hamburg Commercial Bank said Thursday. The HCOB Italy Construction PMI came in at 48.2 in November, down from 50.7 in October.