Breaking News

Spain Manufacturing Purchasing Managers Index (PMI)

Latest Release

Nov 04, 2024

Actual

54.5

Forecast

53.1

53.0

The Manufacturing Purchasing Managers' Index (PMI) is a diffusion index incorporating survey results provided by manufacturing firms throughout the country. A reading above fifty suggests the manufacturing sector is expanding, while a reading below fifty suggests the manufacturing sector is in contraction. Policymakers and traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, rather than waiting for the hard data to emerge. While manufacturing accounts for a far smaller percentage of economic output than services, it is far more cyclical and is therefore a useful indicator of where in the economic cycle the economy is currently situated.
A reading that is stronger than forecast is generally supportive (bullish) for the EUR , while a weaker than forecast reading is generally negative (bearish) for the EUR.

Importance:

Country:

Currency: EUR

Source: Markit Finacial Information Se...

Release Date	Time	Actual	Forecast	Previous
Nov 04, 2024 (Oct)	08:15	54.5	53.1	53.0
Oct 01, 2024 (Sep)	07:15	53.0	50.2	50.5
Sep 02, 2024 (Aug)	07:15	50.5	51.4	51.0
Aug 01, 2024 (Jul)	07:15	51.0	52.5	52.3
Jul 01, 2024 (Jun)	07:15	52.3	53.1	54.0
Jun 03, 2024 (May)	07:15	54.0	52.5	52.2

News

BoE interest rate decision; EZ PMI data; Apple: 5 things to watch this Thursday By Investing.com - Nov 02, 2023

Investing.com - Today we look ahead to the Bank of England's (BoE) interest rate decision.We also keep an eye on the corporate earnings season.The Brent climbs.Cryptocurrencies move higher this...

Sterling weakens after soft housing data By Investing.com - Aug 01, 2023 1

Investing.com - The U.S. dollar edged higher in early European trade Tuesday, while sterling fell as U.K. house prices slumped sharply as rising interest rates weighed. At 03:20 ET (07:20 GMT), the...

European stocks weaken; manufacturing PMI data disappoints By Investing.com - Aug 01, 2023

Investing.com - European stock markets traded lower Tuesday, handing back some of the prior month's gains as investors digested key corporate results as well as disappointing manufacturing activity...

Analysis

Bank Of Canada Set To Raise Rates, Manufacturing PMIs Set To Slow By Michael Hewson - Jun 01, 2022

European markets ended a broadly positive month on the back foot yesterday as record inflation levels and oil prices at two-month highs, acted as a drag on wider sentiment.US markets also finished the...

Manufacturing PMIs In Focus After France Imposes 4 Week Lockdown By Michael Hewson - Apr 01, 2021

Yesterday’s European session turned out to be a rather subdued affair, bringing the curtain down on a very positive month and quarter, with the main focus on the prospects for an economic...

The week ahead – 29th March 2021 By Michael Hewson - Mar 26, 2021 3

1) US Non-Farm Payrolls (Mar) – 02/04 – on the basis of recent reports the slowdown seen in the US jobs market at the end of last year appears to have largely been driven by uncertainty...

Spanish Manufacturing PMI Discussion

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