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Spain December manufacturing PMI 46.4 vs 46.2 expected

Spain December manufacturing PMI 46.4 vs 46.2 expected
  • Prior 45.7

Despite a slight improvement, this marks yet another contraction in Spanish manufacturing activity with a still severe fall in new orders being recorded. The good news is that cost pressures are continuing a bit of a downwards trend but inflation remains a key problem among businesses. S&P Global notes that:

“December rounded off a miserable half-a-year or so for the Spanish manufacturing... Read More

Posted: Jan 2 2023, 08:48
Author Name: forexlive
Views: 110787

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