-
Spanish manufacturing PMI falls to lowest since May 2009
The decline in the Spanish manufacturing sector intensified again in May as both output and new orders fell at rates only exceeded by the 2008/09 downturn. A lack of demand led firms to reduce their input buying, which in turn subdued pricing power at suppliers and brought cost inflation down markedly. Meanwhile, employment continued to decline at a substantial pace. The seasonally adjusted Markit Purchasing Managers’ Index ® (PMI ® ) – a composite indicator designed to measure the performance of the manufacturing economy – posted 42.0 in May, down from the reading of 43.5 in April. This signalled a sharp ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Jun 1, 2012 3:18am Jun 1, 2012 3:18am
- ryknowtrade
- | Joined Sep 2010 | Status: Member | 147 Comments
- Comment #2
- Quote
- Jun 1, 2012 3:34am Jun 1, 2012 3:34am
- Patraulea
- | Joined Nov 2010 | Status: Member | 119 Comments
- Comment #3
- Quote
- Jun 1, 2012 3:40am Jun 1, 2012 3:40am
- ryknowtrade
- | Joined Sep 2010 | Status: Member | 147 Comments
- Comment #4
- Quote
- Jun 1, 2012 3:45am Jun 1, 2012 3:45am
- Nickluk
- | Joined May 2012 | Status: Member | 29 Comments
- Comment #5
- Quote
- Jun 1, 2012 3:53am Jun 1, 2012 3:53am
- ryknowtrade
- | Joined Sep 2010 | Status: Member | 147 Comments
- Comment #6
- Quote
- Jun 1, 2012 3:59am Jun 1, 2012 3:59am
- Nickluk
- | Joined May 2012 | Status: Member | 29 Comments
- Comment #7
- Quote
- Jun 1, 2012 4:15am Jun 1, 2012 4:15am
- ryknowtrade
- | Joined Sep 2010 | Status: Member | 147 Comments