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.

Spain Manufacturing PMI
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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
Australia 52.70 May/19
Brazil 50.20 May/19
Canada 49.10 May/19
China 50.20 May/19
Euro Area 47.70 May/19
France 50.60 May/19
Germany 44.30 May/19
India 52.70 May/19
Indonesia 51.60 May/19
Italy 49.70 May/19
Japan 49.80 May/19
Mexico 50.00 May/19
Netherlands 52.20 May/19
Russia 49.80 May/19
Saudi Arabia 57.30 May/19
Singapore 49.90 May/19
South Africa 45.40 May/19
South Korea 48.40 May/19
Spain 50.10 May/19
Switzerland 48.60 May/19
Turkey 45.30 May/19
United Kingdom 49.40 May/19
United States 50.50 May/19


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