La sagrada familia in Spain

Spain PMI January 2024

Spain: Manufacturing PMI rises in January

The HCOB Spain Manufacturing Purchasing Managers Index (PMI) improved to 49.2 in January from 46.2 in December. As a result, the index remained below the 50.0 no-change threshold, but signaled a softer deterioration in manufacturing sector operating conditions compared to the previous month.

The manufacturing PMI stayed below 50.0, showing a slight industry contraction. Output, new orders, and employment declined at a slower rate, while supplier performance worsened due to the Red Sea crisis. Business confidence improved, driven by expectations of new product releases and organic business growth amid weak global demand.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest