Spain August manufacturing PMI 50.5 vs 51.5 expected ...Middle East

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Spain August manufacturing PMI 50.5 vs 51.5 expected
Manufacturing PMI 50.5 vs. 51.5 expected and 51.0 prior.Key findings:Increase in new work registered.Output and employment both decline. Confidence in the outlook sinks to lowest of year so far.Comment:Commenting on the PMI data, Jonas Feldhusen, Junior Economist at Hamburg Commercial Bank, said: "The trends in Spain’s manufacturing sector keep showing signs of weakening. Although the sector’s index remains marginally above the critical 50-point threshold, currently positioned at 50.5, the recent three-month trajectory clearly indicates a move toward stagnation. This development is consistent with the broader global economic environment and does not come as a surprise. Industrial sentiment a

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