The IHS Markit Spain Manufacturing PMI rose to 50.9 in March 2019 from 49.9 in the previous month and beating market expectations of 49.6. Still, the reading pointed to a marginal expansion in factory activity, as output, new orders and employment rose only slightly. Meantime, export orders posted a solid gain, although growth remained among the softest in recent years, linked to a challenging international demand environment. On the price front, price pressures remained subdued. Looking ahead, confidence regarding future activity remained in positive territory, amid positive expectations for sales and new products launches. Meanwhile, sentiment was weighed down by uncertainty around upcoming elections and concerns about European demand. 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.

Spain Manufacturing PMI
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Spain Business Last Previous Highest Lowest Unit
Business Confidence -2.30 -4.70 8.50 -39.00 Index Points [+]
Services PMI 56.80 54.50 60.30 36.80 Index Points [+]
Manufacturing PMI 50.90 49.90 56.10 41.10 [+]
Industrial Production -0.30 2.70 13.60 -21.70 percent [+]
Industrial Production Mom -1.10 3.60 9.30 -12.00 percent [+]
Manufacturing Production 1.20 0.80 13.70 -22.90 percent [+]
Capacity Utilization 80.59 78.50 90.00 68.86 percent [+]
Changes in Inventories 2289.00 2175.00 2289.00 -3402.00 EUR Million [+]
Bankruptcies 1489.00 1079.00 2854.00 11.00 Companies [+]
Total Vehicle Sales 122664.00 100701.00 177375.00 23090.00 [+]
Car Production 1982.00 1823.00 2504.00 139.00 Hundred Units [+]
Car Registrations 108050.00 114064.00 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 -13.70 -7.00 21.00 -44.90 percent [+]
Steel Production 1135.00 1180.00 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 21836.00 26087.00 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 -0.70 -2.60 25.40 -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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
50.90 49.90 56.10 41.10 2011 - 2019 Monthly
SA




Country Last Previous
Australia 51.00 Mar/19
Brazil 52.80 Mar/19
Canada 50.50 Mar/19
China 50.80 Mar/19
Euro Area 47.80 Apr/19
France 49.60 Apr/19
Germany 44.50 Apr/19
India 52.60 Mar/19
Indonesia 51.20 Mar/19
Italy 47.40 Mar/19
Japan 49.50 Apr/19
Mexico 49.80 Mar/19
Netherlands 52.50 Mar/19
Russia 52.80 Mar/19
Saudi Arabia 56.80 Mar/19
Singapore 50.80 Mar/19
South Africa 45.00 Mar/19
South Korea 48.80 Mar/19
Spain 50.90 Mar/19
Switzerland 50.30 Mar/19
Turkey 47.20 Mar/19
United Kingdom 55.10 Mar/19
United States 52.40 Apr/19


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