Spain April manufacturing PMI 52.2 vs 50.8 expected ...Middle East

Prior 51.4That's a decent beat as Spanish manufacturing activity posts stronger growth in April. That's the third month in a row now that it holds above the 50.0 threshold. Of note, both output and new orders saw firm rises on the month. HCOB notes that:"Spain continues to shine as the top performer among major eurozone countries. While we have yet to see a recovery in manufacturing across the eurozone, Spain sustained the growth trend it embarked upon in February and March. Indicators suggest that the upswing in Spain's manufacturing sector is driven by the ongoing improvement in demand both domestically and internationally. Hence, it's no surprise that industrial firms are ramping up their

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