The IHS Markit Spain Manufacturing PMI rose to 51.8 in April 2019 from 50.9 in the previous month and above market expectations of 51.2. New orders rose at the fastest pace in ten months and employment growth picked up to a three-month high, though backlogs of work rose for the first time in three months as capacity came under pressure. On the price front, input price inflation accelerated to its highest level since January on higher prices paid for energy, foodstuffs and metals, while output charge inflation was the highest for five months. Looking ahead, confidence about production in 12 months' time improved during April to a three-month high on the back of planned new product launches, increased commercial activities and forecasts of better demand. Manufacturing PMI in Spain is reported by Markit Economics.

Manufacturing PMI in Spain is expected to be 51.40 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in Spain to stand at 52.70 in 12 months time. In the long-term, the Spain Manufacturing PMI is projected to trend around 54.00 in 2020, according to our econometric models.

Spain Manufacturing PMI
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Spain Business Last Previous Highest Lowest Unit
Business Confidence -3.80 -2.40 8.50 -39.00 Index Points [+]
Services PMI 53.10 56.80 60.30 36.80 Index Points [+]
Manufacturing PMI 51.80 50.90 56.10 41.10 [+]
Industrial Production -3.10 -0.20 13.60 -21.80 percent [+]
Industrial Production Mom -1.20 -1.00 9.30 -12.00 percent [+]
Manufacturing Production 0.60 1.50 13.70 -22.90 percent [+]
Capacity Utilization 80.50 80.59 90.00 68.86 percent [+]
Changes in Inventories 2132.00 2289.00 2289.00 -3402.00 EUR Million [+]
Bankruptcies 1648.00 1489.00 2854.00 11.00 Companies [+]
Total Vehicle Sales 119417.00 122664.00 177375.00 23090.00 [+]
Car Production 2067.00 1982.00 2504.00 139.00 Hundred Units [+]
Car Registrations 112881.00 108050.00 153732.00 3103.00 [+]
Internet Speed 15487.07 15362.73 15487.07 2354.24 KBps [+]
IP Addresses 14575619.00 13803828.00 14855454.00 7640009.00 IP [+]
Mining Production -17.20 -13.70 21.00 -44.90 percent [+]
Steel Production 1371.00 1135.00 1980.00 555.00 Thousand Tonnes [+]
Competitiveness Index 74.20 73.75 74.20 4.49 Points [+]
Competitiveness Rank 26.00 25.00 42.00 25.00 [+]
Ease of Doing Business 30.00 28.00 62.00 28.00 [+]
Electricity Production 22160.00 21836.00 27405.00 20466.00 Gigawatt-hour [+]
Corruption Index 58.00 57.00 71.00 43.10 Points [+]
Corruption Rank 41.00 42.00 42.00 20.00 [+]
Factory Orders 4.50 -0.80 25.40 -33.70 percent [+]


Spain Manufacturing PMI

The Markit Spain Manufacturing Purchasing Managers’ Index measures the performance of the manufacturing sector and is derived from a survey of 400 industrial companies. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This page provides the latest reported value for - Spain Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Spain Manufacturing PMI - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
51.80 50.90 56.10 41.10 2011 - 2019 Monthly
SA




Country Last Previous
Australia 54.80 Apr/19
Brazil 51.50 Apr/19
Canada 49.70 Apr/19
China 50.20 Apr/19
Euro Area 47.90 Apr/19
France 50.00 Apr/19
Germany 44.40 Apr/19
India 51.80 Apr/19
Indonesia 50.40 Apr/19
Italy 49.10 Apr/19
Japan 50.20 Apr/19
Mexico 50.10 Apr/19
Netherlands 52.00 Apr/19
Russia 51.80 Apr/19
Saudi Arabia 56.80 Apr/19
Singapore 50.30 Apr/19
South Africa 47.20 Apr/19
South Korea 50.20 Apr/19
Spain 51.80 Apr/19
Switzerland 48.50 Apr/19
Turkey 46.80 Apr/19
United Kingdom 53.10 Apr/19
United States 52.60 Apr/19


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