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Spain August manufacturing PMI 46.5 vs 48.8 expected

Spain August manufacturing PMI 46.5 vs 48.8 expected
Prior 47.8That's a sharp drop in Spain's manufacturing activity with the headline reading being the lowest so far this year. Of note, new orders are showing their quickest pace of declines since November last year as subdued demand conditions are weighing further on Europe's manufacturing sector. HCOB notes that:“Manufacturing output took another hit in August, shrinking for the fourth straight month and a bit faster than last month. We are pretty sure, that Spain’s manufacturing sector has ente... Read More
Posted: Sep 1 2023, 07:15
Author Name: forexlive
Views: 111645

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