S&P: Italian Private Sector Activity Hits Eight-month High in July

04:01 AM EDT, 08/05/2026 (MT Newswires) -- Italy's private sector expansion continued in July as new business rose at the fastest rate year-to-date thanks to an uptrend in the service sector, S&P Global said Wednesday. The S&P Global Italy Composite PMI Output Index stood at an eight-month high of 52.5 in July, up from 50.8 in June. On the services side, the PMI was 52.5, compared with the previous 50.2 and the expected 51.