Spain Manufacturing Purchasing Managers Index (PMI)

EUR
Actual
45.7
Forecast
45.6
Previous
44.7
Latest Release
Dec 01, 2022
Importance
Overview
The Spanish Manufacturing PMI is a composite indicator designed to provide an overall view of activity in the manufacturing sector and acts as an leading indicator for the whole economy.When PMI is below 50.0 this indicates that the manufacturing economy is declining and a value above 50.0 indicates an expansion of the manufacturing economy. The individual survey indexes have been seasonally adjusted using the US Bureau of Census X-11 program. The seasonally adjusted series are then used to calculate the seasonally adjusted PMI.
A higher than expected reading should be taken as positive/bullish for the EUR , while a lower than expected reading should be taken as negative/bearish for the EUR.
Historical Data
Release Date
Time
Actual
Forecast
Previous
Dec 01, 2022 (Nov) 10:15 45.7 45.6
44.7
Nov 02, 2022 (Oct) 10:15 44.7 47.5
49.0
Oct 03, 2022 (Sep) 09:15 49.0 49.2
49.9
Sep 01, 2022 (Aug) 09:15 49.9 48.5
48.7
Aug 01, 2022 (Jul) 09:15 48.7 50.2
52.6
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