Spain June manufacturing PMI 52.3 vs. 53.0 expected ...Middle East

Manufacturing PMI 52.3 vs. 53.0 expected and 54.0 prior.Key findings:Production and new orders rise again, but at slower rates. Weaker growth in employment as confidence softens. Input cost inflation accelerates to highest since November 2022.Comment:Commenting on the PMI data, Jonas Feldhusen, Junior Economist at Hamburg Commercial Bank, said: "Uncertainty following European elections is putting pressure on Spanish manufacturers. In June, the index value fell significantly from 54.0 to 52.3. A crucial difference compared to the whole of Europe, however, is that the index in Spain is still in the weak growth area, while it has recently signalled accelerated contraction in the Eurozone accord

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Spain June manufacturing PMI 52.3 vs. 53.0 expected ...Middle East

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