Italy Manufacturing PMI rises to 52.9 in May 2026, fastest expansion in four years (decode39.com)

• S&P Global PMI Italy May 2026: 52.9 – four-year high
• Growth driven by new orders and precautionary stockpiling
• Supply chain disruptions and rising costs from Middle East conflict
• Eurozone PMI falls to 51.6; Germany and France lag

"Italy's manufacturing sector expanded at its fastest pace in over four years in May 2026, with the S&P Global PMI rising to 52.9 from 52.1 in April. Growth was driven by a surge in new orders and precautionary stock-building by customers amid supply chain disruptions and the Middle East conflict. Production increased, backlogs rose for the first time in nearly four years. However, economists caution the demand boost may be temporary as stockpiling fades."