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Spanish Manufacturing sector grows strongly at end of 2017
December data pointed to another strong performance by the Spanish manufacturing sector at the end of 2017. Production rose sharply on the back of a solid increase in new orders. In order to support output growth, firms continued to raise employment and purchasing activity at elevated rates. On the price front, rises in raw material costs meant that both input prices and output prices increased again, albeit at slightly reduced rates. The headline IHS Markit Spain Manufacturing PMI® is a composite single-figure indicator of manufacturing performance. It is derived from indicators for new orders, output, employment, ... (full story)