The S&P Global Spain Composite PMI posted 55.7 in May of 2022, unchanged from the previous month and indicating strong growth for the fourth month in a row. The overall expansion in the country's private sector was driven by services (PMI at 56.5 vs 57.1 in April) and, to a lesser extent, manufacturing (PMI at 53.8 vs 53.3) as global market instability, supply-side challenges and inflation continued to weigh more heavily on the demand for goods than services. source: Markit Economics
Composite Pmi in Spain averaged 50.88 points from 2018 until 2022, 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 June of 2022.
Composite Pmi in Spain is expected to be 54.40 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 54.50 points in 2023, according to our econometric models.