Spain: rise in the manufacturing PMI in December


(CercleFinance.com) – The contraction of Spain’s manufacturing sector slowed down in December 2022, according to the S&P Global PMI index which stood at 46.4, a level certainly below the 50 of the minus change for the sixth month in a row, but compares to 45.7 in November.

Investigators report a still severe fall in new orders, but a stabilization of employment after five months of decline, as well as price pressures and supply constraints which continue to dissipate.

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