- Analytics
- News and Tools
- Market News
- Spanish manufacturing PMI lower than expected in May
Spanish manufacturing PMI lower than expected in May
There were further signs of growth easing in the Spanish manufacturing sector during May, with weaker increases in output and new orders recorded. That said, the rate of job creation accelerated and business confidence remained elevated. Meanwhile, the rate of input cost inflation was sharp and output prices rose at the fastest pace since January.
The headline IHS Markit Spain Manufacturing PMI - a composite single-figure indicator of manufacturing performance - dipped to 53.4 in May from 54.4 in April. Although signalling a solid strengthening in the health of the sector, the rate of improvement was the weakest since August last year. Business conditions have strengthened on a monthly basis throughout the past four-and-a-half years.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
