Italy's construction sector just took a hit. The latest HCOB PMI reading for November dropped to 48.2, sliding below the critical 50 threshold from October's 50.7. This contraction signals weakening activity in one of Europe's key economies—a data point that might ripple through risk assets, including crypto markets sensitive to macroeconomic shifts.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
21 Likes
Reward
21
8
Repost
Share
Comment
0/400
DisillusiionOracle
· 15h ago
Italy's construction industry has declined again, which means Europe is really in trouble this time, and the crypto world will suffer along with it.
View OriginalReply0
NFT_Therapy_Group
· 12-05 06:02
Italy's construction industry has collapsed, which means the European economy is in for a rough ride. Can our crypto market still stay calm?
View OriginalReply0
IronHeadMiner
· 12-04 09:02
Italian construction is lagging behind again. How will the European economy handle this... By the way, does the crypto world really care about this kind of macro data?
View OriginalReply0
PessimisticOracle
· 12-04 09:01
The Italian construction industry is done for, PMI has dropped to 48.2, and the European economy is about to start trembling again. Now the crypto market has another excuse to drop, the same old story.
View OriginalReply0
liquidation_watcher
· 12-04 08:56
Italian construction has collapsed again. Now the European economy must really be panicking.
View OriginalReply0
WhaleMinion
· 12-04 08:49
Italy's construction industry is struggling, and now the European economy is going to be in turmoil again... Will the crypto world suffer as well?
View OriginalReply0
OnchainDetectiveBing
· 12-04 08:41
A landslide in Italian construction, and the crypto community is going to be affected again... If the European economy shakes, can our coin prices hold up?
View OriginalReply0
zkNoob
· 12-04 08:35
Europe is dropping the ball again. Could this downturn in Italy's construction industry drag down BTC?
Italy's construction sector just took a hit. The latest HCOB PMI reading for November dropped to 48.2, sliding below the critical 50 threshold from October's 50.7. This contraction signals weakening activity in one of Europe's key economies—a data point that might ripple through risk assets, including crypto markets sensitive to macroeconomic shifts.