SP Manufacturing PMI
It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy;
Above 50.0 indicates industry expansion, below indicates contraction;
- SP Manufacturing PMI Graph
- History
Expected Impact / Date | Actual | Forecast | Previous |
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Jul 1, 2024 | 52.3 | 53.1 | 54.0 |
Jun 3, 2024 | 54.0 | 52.5 | 52.2 |
May 2, 2024 | 52.2 | 51.3 | 51.4 |
Apr 2, 2024 | 51.4 | 51.1 | 51.5 |
Mar 1, 2024 | 51.5 | 49.7 | 49.2 |
Feb 1, 2024 | 49.2 | 47.9 | 46.2 |
Jan 2, 2024 | 46.2 | 46.3 | 46.3 |
Dec 1, 2023 | 46.3 | 45.6 | 45.1 |
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- SP Manufacturing PMI News
- From pmi.spglobal.com|Jul 1, 2024
Spain’s manufacturing economy continued to expand in June, but at a more modest pace. Both output and new orders rose on the back of positive demand conditions, whilst firms continued to add to their staffing levels. However, growth rates were down in all instances, whilst confidence in the future hit its lowest level of the year so far. Cost pressures intensified, as input prices rose to the greatest degree since late 2022. The headline HCOB Spain Manufacturing Purchasing Managers’ IndexTM (PMI®) remained above the crucial 50.0 ...
- From pmi.spglobal.com|Jun 3, 2024
Spain’s manufacturing economy expanded at a marked and accelerated rate during May on the back of rapidly increasing production and new order levels. Purchasing activity was raised to a quicker degree as firms geared up for future growth. They also added to their staffing levels to the greatest degree for over two years. Capacity pressures nonetheless intensified, whilst there was a pick-up in input cost inflation as prices for goods like steel and paper rose. Output charges were subsequently increased for the first time since March ...
- From pmi.spglobal.com|May 2, 2024
Spain’s manufacturing economy expanded at an accelerated rate in April as firms bolstered production and employment levels in response to an uplift in market demand. Buoyed by positive output projections, manufacturers also increased their buying activity and sought to rebuild inventories at their plants. Price pressures picked up slightly, with the survey’s measure of input cost inflation the strongest for over a year, but competition and efforts to bolster demand led to another decline in output charges. The headline HCOB Spain ...
- From pmi.spglobal.com|Apr 2, 2024
Spain’s manufacturing economy continued to expand during March. Output rose at its strongest pace in a year, whilst there was a second successive monthly increase in new orders amid evidence of firmer foreign demand. Firms subsequently responded by bolstering both their purchasing and staffing volumes. Confidence in the future remained positive despite easing a little since the previous month. On the price front, input costs rose for a second month running, though only modestly. Output charges continued to decline amid a competitive ...
- From pmi.spglobal.com|Mar 1, 2024|1 comment
February saw a return to growth of Spain’s manufacturing economy, with both output and new orders staging marginal improvements since January. Employment growth was also signalled, whilst confidence in the future improved to its highest level for two years. However, disruption in the Red Sea and associated problems in the Suez Canal led to the steepest lengthening of delivery times since September 2022. This meant firms continued to lean on existing inventories to meet higher production requirements. The headline HCOB Spain ...
- From pmi.spglobal.com|Feb 1, 2024
Spain’s manufacturing economy remained in contraction territory during January, but only just as slower falls in output, new orders, employment, and stocks were all recorded. However, with global demand for goods remaining subdued, prices continued to decline. That was despite a noticeable deterioration in vendor performance, which worsened significantly on the back of the crisis in the Red Sea and associated delays in global shipping. The headline HCOB Spain Manufacturing Purchasing Managers’ IndexTM (PMI®) remained below the ...
- From pmi.spglobal.com|Jan 2, 2024
The Spanish manufacturing sector endured a difficult finish to 2023 as operating conditions deteriorated for a ninth month in a row. Output and new orders both fell steeply amid reports of subdued market demand. Firms subsequently remained cautious when it came to purchasing activities, preferring instead where possible to run down any excess stock at their plants. Staffing levels were also cut, and confidence in the outlook remained subdued. Deflationary pressures were again apparent as both input and output prices declined at ...
- From pmi.spglobal.com|Dec 1, 2023
The Spanish manufacturing sector remained mired in contraction territory during November. Production, new orders, and purchasing activity all fell since October. Firms subsequently looked to streamline plant operations, with both stocks and employment cut again over the month. Against a backdrop of ongoing political and economic uncertainties, optimism about the future remained subdued. On the price front, input costs continued to fall, as vendors cut their prices amid fierce market competition. Similarly, market conditions continued ...
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Released on Dec 1, 2023 |
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