Spain Manufacturing PMI

The IHS Markit Spain Manufacturing PMI decreased to 50.1 in May of 2019 from 51.8 in the previous month and below market expectations of 51.3. Production stagnated and job creation fell for the first time since the end of 2013. On the price front, input costs rose only modestly, as did output charges, despite the rate of inflation hitting its highest level for six months. Finally, confidence about the future was at its lowest level in half-a-year during May. Manufacturing PMI in Spain is reported by Markit Economics.

Manufacturing PMI in Spain is expected to be 51.40 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in Spain to stand at 52.70 in 12 months time. In the long-term, the Spain Manufacturing PMI is projected to trend around 54.00 in 2020, according to our econometric models.

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Spain Business	Last	Previous	Highest	Lowest	Unit
Business Confidence	-3.30	-3.70	8.50	-39.00	Index Points	[+]
Services PMI	52.80	53.10	60.30	36.80	Index Points	[+]
Manufacturing PMI	50.10	51.80	56.10	41.10		[+]
Industrial Production	1.70	-3.00	13.60	-21.80	percent	[+]
Industrial Production Mom	1.80	-1.20	9.30	-12.00	percent	[+]
Manufacturing Production	1.50	0.60	13.70	-22.90	percent	[+]
Capacity Utilization	80.50	80.59	90.00	68.86	percent	[+]
Changes in Inventories	2132.00	2289.00	2289.00	-3402.00	EUR Million	[+]
Bankruptcies	1648.00	1489.00	2854.00	11.00	Companies	[+]
Total Vehicle Sales	125625.00	119417.00	177375.00	23090.00		[+]
Car Production	1792.00	2067.00	2504.00	139.00	Hundred Units	[+]
Car Registrations	118655.00	112881.00	153732.00	3103.00		[+]
Internet Speed	15487.07	15362.73	15487.07	2354.24	KBps	[+]
IP Addresses	14575619.00	13803828.00	14855454.00	7640009.00	IP	[+]
Mining Production	4.50	-15.90	21.10	-44.90	percent	[+]
Steel Production	1288.00	1371.00	1980.00	555.00	Thousand Tonnes	[+]
Competitiveness Index	74.20	73.75	74.20	4.49	Points	[+]
Competitiveness Rank	26.00	25.00	42.00	25.00		[+]
Ease of Doing Business	30.00	28.00	62.00	28.00		[+]
Electricity Production	22160.00	21836.00	27405.00	20466.00	Gigawatt-hour	[+]
Corruption Index	58.00	57.00	71.00	43.10	Points	[+]
Corruption Rank	41.00	42.00	42.00	20.00		[+]
Factory Orders	2.00	5.10	25.50	-33.70	percent	[+]

Spain Manufacturing PMI

The Markit Spain Manufacturing Purchasing Managers’ Index measures the performance of the manufacturing sector and is derived from a survey of 400 industrial companies. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This page provides the latest reported value for - Spain Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Spain Manufacturing PMI - actual data, historical chart and calendar of releases - was last updated on June of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	50.10	51.80	56.10	41.10	2011 - 2019		Monthly	SA

Country	Last		Previous	Range
Australia	52.70	May/19	54.8	62.5 : 29.47
Brazil	50.20	May/19	51.5	53.5 : 41.6
Canada	49.10	May/19	49.7	57.1 : 47.5
China	50.20	May/19	50.2	52.3 : 47.2
Euro Area	47.70	May/19	47.9	60.6 : 33.5
France	50.60	May/19	50	58.8 : 42.7
Germany	44.30	May/19	44.4	63.3 : 32
India	52.70	May/19	51.8	55 : 47.9
Indonesia	51.60	May/19	50.4	58.5 : 46.4
Italy	49.70	May/19	49.1	59 : 47.4
Japan	49.80	May/19	50.2	56.2 : 29.6
Mexico	50.00	May/19	50.1	57.1 : 49.2
Netherlands	52.20	May/19	52	63.4 : 48
Russia	49.80	May/19	51.8	54.7 : 47.6
Saudi Arabia	57.30	May/19	56.8	61.8 : 51.4
Singapore	49.90	May/19	50.3	53.1 : 48.3
South Africa	45.40	May/19	47.2	60.87 : 35.09
South Korea	48.40	May/19	50.2	52.6 : 45.7
Spain	50.10	May/19	51.8	56.1 : 41.1
Switzerland	48.60	May/19	48.5	66.9 : 32.8
Turkey	45.30	May/19	46.8	55.7 : 42.7
United Kingdom	49.40	May/19	53.1	61.5 : 34.4
United States	50.50	May/19	52.6	57.9 : 50.5