Italy's manufacturing PMI at lowest level in a year

(ANSA) - ROME, DEC 2 - The HCOB Italy Manufacturing Purchasing Managers' Index fell to 44.5 in November, down from 46. 9 in October, taking it to the lowest level in a year.
    The main drag on the PMI came from the largest component, new orders.
    Order backlog volumes have declined at the fastest pace for almost a year, linked to subdued demand conditions and high levels of uncertainty.
    There has also been a deterioration in the international sales climate, as new export orders have decreased at a high pace.
    (ANSA).