The IHS Markit Spain Manufacturing PMI rose to 48.2 in July 2019 from a near six-year low of 47.9 in the previous month and slightly above market consensus of 48.0. Still, the latest reading suggested that the manufacturing sector remained inside contraction territory, as output and new orders continued to fall while employment dropped for the third consecutive month. On the price front, input costs declined for the second month in a row, while output charges were subsequently reduced accordingly. Looking ahead, business confidence was at its lowest level since April 2013. Manufacturing PMI in Spain is reported by Markit Economics.

Manufacturing PMI in Spain is expected to be 49.50 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 52.50 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 -2.80 -3.70 8.50 -39.00 Index Points [+]
Services PMI 52.90 53.60 60.30 36.80 Index Points [+]
Manufacturing PMI 48.20 47.90 56.10 41.10 [+]
Industrial Production 1.80 1.40 13.60 -21.80 percent [+]
Industrial Production Mom -0.20 0.30 9.30 -12.00 percent [+]
Manufacturing Production 1.30 1.30 13.70 -22.90 percent [+]
Capacity Utilization 80.90 80.50 90.00 68.86 percent [+]
Changes in Inventories 2176.00 2135.00 2289.00 -3402.00 EUR Million [+]
Bankruptcies 1588.00 1648.00 2854.00 11.00 Companies [+]
Total Vehicle Sales 116686.00 130519.00 177375.00 23090.00 [+]
Car Production 2066.00 2314.00 2504.00 139.00 Hundred Units [+]
Car Registrations 115540.00 112128.00 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 4.80 5.40 21.10 -45.00 percent [+]
Steel Production 1210.00 1276.00 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 22069.00 21864.00 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 0.90 -2.00 25.60 -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 August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
48.20 47.90 56.10 41.10 2011 - 2019 Monthly
SA




Country Last Previous
Australia 51.30 Jul/19
Brazil 49.90 Jul/19
Canada 50.20 Jul/19
China 49.90 Jul/19
Euro Area 47.00 Aug/19
France 51.00 Aug/19
Germany 43.60 Aug/19
India 52.50 Jul/19
Indonesia 49.60 Jul/19
Italy 48.50 Jul/19
Japan 49.50 Aug/19
Mexico 49.80 Jul/19
Netherlands 50.70 Jul/19
Russia 49.30 Jul/19
Saudi Arabia 56.60 Jul/19
Singapore 49.80 Jul/19
South Africa 52.10 Jul/19
South Korea 47.30 Jul/19
Spain 48.20 Jul/19
Switzerland 44.70 Jul/19
Turkey 46.70 Jul/19
United Kingdom 48.00 Jul/19
United States 49.90 Aug/19


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