Italy’s private sector expansion slowed slightly in October 2026, as the HCOB Italy Composite PMI edged down to 50.8 from 51.0 in September. The latest reading, updated on 4 November 2026, keeps the index just above the 50.0 threshold that separates growth from contraction, indicating that activity is still expanding but at a more moderate pace.
The marginal decline suggests that while Italy’s economy continues to grow, momentum has softened compared with the previous month. With the index remaining in expansionary territory, the data point to a still-resilient, but cautious, business environment across the Italian private sector at the start of the final quarter of 2026.\/body
