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 2023. The headline HCOB Spain Manufacturing Purchasing Managers’ IndexTM (PMI®) ... (full story)