He PMI manufacturing of Spain rose 5 tenths in July, rising to 51.9 points From June 51.4, Its highest level in what we have of 2025. The figure improved market expectations, which provided for a slight increase to 51.5.
According to Hamburg Commercial Bank (HCO) statement made for S&P global, the solid increase in production has supported the expansion of the manufacturing sector in the last month. In July, the greatest increase in new orders has been recorded so far this year, with sales strengthening for the second consecutive month while having job creation.
As a counterpart, confidence in future perspectives collapsed to its lowest level since April, while supply shortage causes new reductions in inventories.
According to Jonas Feldhusen, Junior economist of the Commercial Hamburg Bank: “” The latest data from the PMI index once again underlined the resilience of the Spanish manufacturing sector. The index
It improved for the third consecutive month, and key subscripts also recorded solid results. This evolution coincides with the recently revealed cyclic rebound in the Flash survey of the HCOB PMI index of the euro zone. At the beginning of the second half of the year, the volume of orders increased both nationally and internationally, although only slightly in both cases. Industrial production accumulates three consecutive months of expansion and is likely to receive greater impulse in the coming months thanks to this improvement in the demand environment. The recent agreement in tariff negotiations between the US and the EU should also contribute to the certainty of the short -term planning of companies, although the erratic political position of the US government continues to overshadow commercial predictability.
Euro reaction
The euro barely reacted to the improvement of the Spanish data, and the EUR/USD quote at the time of writing about 1,1427, winning 0.10% in the day.
Economic indicator
PMI Global S&P manufacturing
The manufacturing purchase managers index (PMI) published by the Markit Economics Capture business conditions in the manufacturing sector. The PMI is an important indicator of the business conditions and the economic conditions of Spain. A reading exceeding 50 points indicates expansion in economic activity, while a reading of less than 50 points implies a decrease in activity. A result superior to what is expected is bullish for the euro, while a result less than consensus is bassist.
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Last publication: old age 01, 2025 07:15
Frequency: Monthly
Current: 51.9
Dear: 51.5
Previous: 51.4
Fountain: S&P global
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
