Spain Manufacturing PMI

The IHS Markit Spain Manufacturing PMI rose to 48.8 in August 2019 from 48.2 in the prior month and slightly above market expectations of 48.5. The reading pointed to the third consecutive month of contraction in manufacturing activity. Output fell the most since May 2013 as firms intended to use existing inventories; and new orders posted a fourth straight monthly decline. Subsequently, firms continued to cut jobs and inventories. In terms of prices, input costs were down only slightly, while there was no change in output charges. Looking ahead, business confidence improved, but remained at a historically subdued level. Worries over a continuation of the recent subdued demand trend and concerns of a deepening of the current global downturn were reported to have weighed on confidence. 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.

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Spain Business	Last	Previous	Highest	Lowest	Unit
Business Confidence	1.40	-2.80	8.50	-39.00	Index Points	[+]
Services PMI	54.30	52.90	60.30	36.80	Index Points	[+]
Manufacturing PMI	48.80	48.20	56.10	41.10		[+]
Industrial Production	0.80	1.60	13.60	-21.80	percent	[+]
Industrial Production Mom	-0.40	-0.20	9.30	-12.00	percent	[+]
Manufacturing Production	-0.40	0.80	13.60	-22.90	percent	[+]
Capacity Utilization	80.90	80.50	90.00	68.86	percent	[+]
Changes in Inventories	2853.00	2829.00	3104.00	-3179.00	EUR Million	[+]
Bankruptcies	1588.00	1648.00	2854.00	11.00	Companies	[+]
Total Vehicle Sales	90774.00	116686.00	177375.00	23090.00		[+]
Car Production	2066.00	2314.00	2504.00	139.00	Hundred Units	[+]
Car Registrations	118853.00	106256.00	159417.00	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	-1.40	-6.90	21.10	-44.90	percent	[+]
Steel Production	1100.00	1210.00	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	25095.00	22069.00	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 September of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	48.80	48.20	56.10	41.10	2011 - 2019		Monthly	SA

Country	Last		Previous	Range
Australia	53.10	Aug/19	51.3	62.5 : 29.47
Brazil	52.50	Aug/19	49.9	53.5 : 41.6
Canada	49.10	Aug/19	50.2	57.1 : 47.5
China	50.40	Aug/19	49.9	52.3 : 47.2
Euro Area	47.00	Aug/19	46.5	60.6 : 33.5
France	51.10	Aug/19	49.7	58.8 : 42.7
Germany	43.50	Aug/19	43.2	63.3 : 32
India	51.40	Aug/19	52.5	55 : 47.9
Indonesia	49.00	Aug/19	49.6	58.5 : 46.4
Italy	48.70	Aug/19	48.5	59 : 47.4
Japan	49.30	Aug/19	49.4	56.2 : 29.6
Mexico	49.00	Aug/19	49.8	57.1 : 49
Netherlands	51.60	Aug/19	50.7	63.4 : 48
Russia	49.10	Aug/19	49.3	54.7 : 47.6
Saudi Arabia	57.00	Aug/19	56.6	61.8 : 51.4
Singapore	49.90	Aug/19	49.8	53.1 : 48.3
South Africa	45.70	Aug/19	52.1	60.87 : 35.09
South Korea	49.00	Aug/19	47.3	52.6 : 45.7
Spain	48.80	Aug/19	48.2	56.1 : 41.1
Switzerland	47.20	Aug/19	44.7	66.9 : 32.8
Turkey	48.00	Aug/19	46.7	55.7 : 42.7
United Kingdom	47.40	Aug/19	48	61.5 : 34.4
United States	50.30	Aug/19	50.4	57.9 : 50.3