Spain February manufacturing PMI 51.5 vs 50.0 expected ...Middle East

Prior 49.2This marks a return to growth in Spain's manufacturing sector, bolstered by marginal gains in production and new orders. Employment conditions were also positive while business confidence improved to its highest level in two years. HCOB notes that:“The Spanish manufacturing sector appears to be breaking free from the downward trend. Output, following its broad stabilisation at the turn of the year, experiences further enhancement, growing for the first time since April 2023. And driven by a surge in domestic demand, order inflows indicate growth for the first time in 11 months. On the contrary, a growth impulse is yet to materialize in the overall foreign environment due to the eco

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Spain February manufacturing PMI 51.5 vs 50.0 expected ...Middle East

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