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Spanish manufacturing economy moves closer to stabilization in June

From markiteconomics.com

Spain’s manufacturers continued to face a challenging Source: IHS Markit. operating environment during June as the effects of the coronavirus disease 2019 (COVID-19) pandemic weighed on demand and productive capabilities. However, there were some positive signs for the sector as rates of decline continued to weaken considerably and confidence returned to positive territory for the first time since February. The IHS Markit Spain Manufacturing PMI – a composite singlefigure indicator of manufacturing performance – maintained its recent upward trend during June, reaching a level of 49.0, from 38.3 in May. Whilst below ... (full story)

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