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Italy HCOB Services PMI fell to 52.3 in February 2026, released March 2026, down 0.6 from January's 52.9 reading. The reading matched the 52.6 consensus. Year-over-year, the indicator is down 0.7. Over the past 3 months, HCOB Services PMI averaged 52.2, vs 53.83 in the prior 3-month window. The reading is in the 40th percentile of the trailing 24-month range.
The March 2026 reading fell from the previous value of 52.9. Historically, this indicator is positively correlated with EUR/USD (Bullish EUR) and positively correlated with EUR/JPY (Bullish EUR).
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| Friday, May 15, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 08:00 | Harmonised Inflation Rate YoY | 1.6 | 2.9 | 2.90 | Low | ||
| 08:00 | Inflation Rate YoY | 1.7 | 2.8 | 2.80 | Low | ||
| 08:00 | Inflation Rate MoM | 0.5 | 1.2 | 1.20 | Low | ||
| 08:00 | Harmonised Inflation Rate MoM | 1.7 | 1.7 | 1.70 | Low | ||