Spain Manufacturing PMI

The IHS Markit Spain Manufacturing PMI rose to 52.4 in January 2019 from December's 28-month low of 51.1, easily beating market expectations of 50.5. Production and new orders growth accelerated from December's near two-and-a-half year lows amid reports of strengthened demand, both at home and abroad. Purchasing activity rebounded following a decline in the previous month and stocks of purchases increased for only the second time in the past six months. In addition, employment rose the most since last August and business confidence picked up to its highest level since July. On the price front, price pressures remained subdued, with input costs rising at the slowest rate in just under two-and-a-half years and output charges barely increasing. Manufacturing PMI in Spain is reported by Markit Economics.

Manufacturing PMI in Spain is expected to be 50.70 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 52.30 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	-4.10	-2.80	8.50	-39.00	Index Points	[+]
Services PMI	54.70	54.00	60.30	36.80	Index Points	[+]
Manufacturing PMI	52.40	51.10	56.10	41.10		[+]
Industrial Production	-6.20	-3.20	13.60	-21.70	percent	[+]
Industrial Production Mom	-1.40	-1.80	9.30	-12.00	percent	[+]
Manufacturing Production	-3.20	-1.90	13.70	-22.70	percent	[+]
Capacity Utilization	80.59	78.50	90.00	68.86	percent	[+]
Changes in Inventories	2096.00	2177.00	2230.00	-3402.00	EUR Million	[+]
Bankruptcies	1489.00	1079.00	2854.00	11.00	Companies	[+]
Total Vehicle Sales	93546.00	98587.00	177375.00	23090.00		[+]
Car Production	1126.00	2063.00	2504.00	139.00	Hundred Units	[+]
Car Registrations	113838.00	107089.00	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	-14.30	-22.40	21.00	-44.90	percent	[+]
Steel Production	1085.00	1302.00	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	22985.00	23662.00	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	-1.70	22.10	22.10	-33.60	percent	[+]

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 February of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	52.40	51.10	56.10	41.10	2011 - 2019		Monthly	SA

Country	Last		Previous	Range
Australia	52.50	Jan/19	50	62.5 : 29.47
Brazil	52.70	Jan/19	52.6	53.5 : 41.6
Canada	53.00	Jan/19	53.6	57.1 : 47.5
China	48.30	Jan/19	49.7	52.3 : 47.2
Euro Area	49.20	Feb/19	50.5	60.6 : 33.5
France	51.40	Feb/19	51.2	58.8 : 42.7
Germany	47.60	Feb/19	49.7	63.3 : 32
India	53.90	Jan/19	53.2	55 : 47.9
Indonesia	49.90	Jan/19	51.2	58.5 : 46.4
Italy	47.80	Jan/19	49.2	59 : 47.8
Japan	48.50	Feb/19	50.3	56.2 : 29.6
Mexico	50.90	Jan/19	49.7	57.1 : 49.2
Netherlands	55.10	Jan/19	57.2	63.4 : 48
Russia	50.90	Feb/19	51.7	54.7 : 47.6
Saudi Arabia	56.20	Jan/19	54.5	61.8 : 51.4
Singapore	50.70	Jan/19	51.1	53.1 : 48.3
South Africa	49.90	Jan/19	50.7	60.87 : 35.09
South Korea	48.30	Jan/19	49.8	52.6 : 45.7
Spain	52.40	Jan/19	51.1	56.1 : 41.1
Switzerland	54.30	Jan/19	57.5	66.9 : 32.8
Turkey	44.20	Jan/19	44.2	55.7 : 42.7
United Kingdom	52.80	Jan/19	54.2	61.5 : 34.4
United States	53.70	Feb/19	54.9	57.9 : 50.7