The IHS Markit Spain Composite PMI dropped to 57 in September of 2021 from 60.6 in the previous month, signaling the slowest growth in the private sector since April. Growth rates were slower in both the manufacturing and service sectors, amid reports that supply-side constraints were weighing on output capabilities. Employment continued to increase, although growth eased to a modest level. On the price front, overall input price inflation accelerated to its highest ever recorded level, amid reports of higher costs of utilities, fuel, transportation, and key material inputs. Meanwhile, confidence about the future strengthened to a three-month high as firms eyed an end to the pandemic and the associated negative impacts on economic activity. source: Markit Economics
Composite Pmi in Spain averaged 50.10 points from 2018 until 2021, reaching an all time high of 62.40 points in June of 2021 and a record low of 9.20 points in April of 2020. This page provides - Spain Composite PMI- actual values, historical data, forecast, chart, statistics, economic calendar and news. Spain Composite PMI - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.
Composite Pmi in Spain is expected to be 54.80 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Spain Composite PMI is projected to trend around 55.00 points in 2022 and 54.50 points in 2023, according to our econometric models.