- An energy crisis is affecting Europe, which is being fueled by ongoing conflict in the Middle East.
- Economic indicators show price hikes and supply issues caused by conflict in the Middle East, with economists forecasting a PMI slip.
PMI data from S&P Global tracks the health of Italian manufacturing while showing the adverse impact of the Middle East conflict on prices.
12 reports, 4 independent
Updated Aug 5
Gone quiet
Reached 8 outlets in its first 24 hours
- Reports
- 12
- Developments
- 2
- Repetition
- 92%
New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
PMI data from S&P Global tracks the health of Italian manufacturing while showing the adverse impact of the Middle East conflict on prices.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Conflict in the Middle East caused business uncertainty and cost pressures, though ceasefire hopes supported business optimism.Sub-event
S&P Global data indicates adverse impact of Middle East conflict on Italian manufacturing prices.1 source
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The entities involved
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S&P Global Market Intelligence
business unit of S&P Global
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Italy
country in southern Europe
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Middle East
geopolitical region encompassing Egypt and most of Western Asia, including Iran
Related events
- Initiative connects Italian industry with European markets.
- The Middle East crisis is causing geopolitical tensions that are now risking rising tariffs and affecting fuel prices in Italy.
- Ongoing conflict casts shadow over global markets, requiring favorable EU energy policies for Italian industry prosperity.
- South Africa is experiencing supply chain disruptions via imports due to the Middle East conflict, as reported by S&P Global regarding the South African private sector PMI data.
- STMicroelectronics' index inclusion reflects market strength, with the index being based in Italy.