Spain March manufacturing PMI 51.4 vs 51.0 expected ...Middle East

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Prior 51.5Spain's manufacturing sector sustains a slight growth in March, helped by stronger output despite a softer increase in new orders. Prices remain a bit of an issue though, with the rate of inflation still seen at its highest since February 2023. But compared to the rest of the region, Spain at least is doing quite well off. HCOB notes that:“Is Spain actually part of the eurozone? Of course, but if you look at the manufacturing sector, you might think it is not. After all, while industry in the eurozone has been languishing for well over a year-and-a-half, the situation in Spain has picked up for a second month in a row. In addition, the recession in Spain has also been much shallowe

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