Spain Manufacturing PMI

The IHS Markit Spain Manufacturing PMI rose to 50.9 in March 2019 from 49.9 in the previous month and beating market expectations of 49.6. Still, the reading pointed to a marginal expansion in factory activity, as output, new orders and employment rose only slightly. Meantime, export orders posted a solid gain, although growth remained among the softest in recent years, linked to a challenging international demand environment. On the price front, price pressures remained subdued. Looking ahead, confidence regarding future activity remained in positive territory, amid positive expectations for sales and new products launches. Meanwhile, sentiment was weighed down by uncertainty around upcoming elections and concerns about European demand. Manufacturing PMI in Spain is reported by Markit Economics.

Manufacturing PMI in Spain is expected to be 50.70 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 52.30 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	-2.30	-4.70	8.50	-39.00	Index Points	[+]
Services PMI	56.80	54.50	60.30	36.80	Index Points	[+]
Manufacturing PMI	50.90	49.90	56.10	41.10		[+]
Industrial Production	-0.30	2.70	13.60	-21.70	percent	[+]
Industrial Production Mom	-1.10	3.60	9.30	-12.00	percent	[+]
Manufacturing Production	1.20	0.80	13.70	-22.90	percent	[+]
Capacity Utilization	80.59	78.50	90.00	68.86	percent	[+]
Changes in Inventories	2289.00	2175.00	2289.00	-3402.00	EUR Million	[+]
Bankruptcies	1489.00	1079.00	2854.00	11.00	Companies	[+]
Total Vehicle Sales	122664.00	100701.00	177375.00	23090.00		[+]
Car Production	1982.00	1823.00	2504.00	139.00	Hundred Units	[+]
Car Registrations	112881.00	108050.00	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	-13.70	-7.00	21.00	-44.90	percent	[+]
Steel Production	1135.00	1180.00	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	21836.00	26087.00	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	-0.70	-2.60	25.40	-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 April of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	50.90	49.90	56.10	41.10	2011 - 2019		Monthly	SA

Country	Last		Previous	Range
Australia	51.00	Mar/19	54	62.5 : 29.47
Brazil	52.80	Mar/19	53.4	53.5 : 41.6
Canada	50.50	Mar/19	52.6	57.1 : 47.5
China	50.80	Mar/19	49.9	52.3 : 47.2
Euro Area	47.80	Apr/19	47.5	60.6 : 33.5
France	49.60	Apr/19	49.7	58.8 : 42.7
Germany	44.50	Apr/19	44.1	63.3 : 32
India	52.60	Mar/19	54.3	55 : 47.9
Indonesia	51.20	Mar/19	50.1	58.5 : 46.4
Italy	47.40	Mar/19	47.7	59 : 47.4
Japan	49.50	Apr/19	49.2	56.2 : 29.6
Mexico	49.80	Mar/19	52.6	57.1 : 49.2
Netherlands	52.50	Mar/19	52.7	63.4 : 48
Russia	52.80	Mar/19	50.1	54.7 : 47.6
Saudi Arabia	56.80	Mar/19	56.6	61.8 : 51.4
Singapore	50.80	Mar/19	50.4	53.1 : 48.3
South Africa	45.00	Mar/19	46.2	60.87 : 35.09
South Korea	48.80	Mar/19	47.2	52.6 : 45.7
Spain	50.90	Mar/19	49.9	56.1 : 41.1
Switzerland	50.30	Mar/19	55.4	66.9 : 32.8
Turkey	47.20	Mar/19	46.4	55.7 : 42.7
United Kingdom	55.10	Mar/19	52.1	61.5 : 34.4
United States	52.40	Apr/19	52.4	57.9 : 50.7