Italy's manufacturing sector maintained its solid growth in May, albeit slower rate than the expansion in the previous month, survey figures from Markit Economics showed Monday.
The Markit/ ADACI purchasing managers' index fell to 53.2 in May from 54.0 In April. Any reading above 50 indicates expansion in the sector. The latest reading suggest a solid overall improvement in business conditions at Italian goods producers.
Source: http://www.rttnews.com