S&P Global Manufacturing PMI

The Purchasing Managers Index (PMI) Manufacturing released by Markit Economics captures business conditions in the manufacturing sector. As the manufacturing sector dominates a large part of total GDP, this PMI is an important indicator of business conditions and the overall economic condition in Spain. A result above 50 signals bullish sentiment for the Euro, whereas a result below 50 is seen as bearish.

Most recent - Monday 4 November 2024 08:15

Previous
53
Forecast
53.1
Actual
54.5

Higher numbers than forecast tend to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.

Next event - Monday 2 December 2024 08:15

Previous
-
Forecast
-
Actual
-

The typical/expected impact on EUR pairs is medium.

There is no forecast value for S&P Global Manufacturing PMI yet - check back for updates.

Trading range

Forecast history

The most recent announced value for S&P Global Manufacturing PMI was 54.5 against a forecast of 53.1.

Past events

Date
Forecast
Actual
Monday 4 November 2024 08:15
53.1
54.5
Tuesday 1 October 2024 07:15
50
53
Monday 2 September 2024 07:15
52.1
50.5
Thursday 1 August 2024 07:15
52.5
51
Monday 1 July 2024 07:15
53.5
52.3
Monday 3 June 2024 07:15
52.5
54
Thursday 2 May 2024 07:15
50.8
52.2
Tuesday 2 April 2024 07:15
51
51.4
Friday 1 March 2024 08:15
50
51.5
Thursday 1 February 2024 08:15
48
49.2
Tuesday 2 January 2024 08:15
47
46.2
Friday 1 December 2023 08:15
45.5
46.3
Thursday 2 November 2023 08:15
47
45.1
Monday 2 October 2023 07:15
46.5
47.7
Friday 1 September 2023 07:15
48.8
46.5
Tuesday 1 August 2023 07:15
48.3
47.8
Monday 3 July 2023 07:15
48
48
Thursday 1 June 2023 07:15
47.8
48.4
Tuesday 2 May 2023 07:15
49
49
Monday 3 April 2023 07:15
50.3
51.3
Wednesday 1 March 2023 08:15
49.1
50.7
Wednesday 1 February 2023 08:15
48
48.4
Monday 2 January 2023 08:15
46.2
46.4
Thursday 1 December 2022 08:15
45.6
45.7
Wednesday 2 November 2022 08:15
47.5
44.7
Monday 3 October 2022 07:15
49.3
49
Thursday 1 September 2022 07:15
48.5
49.9
Monday 1 August 2022 07:15
50.2
48.7
Friday 1 July 2022 07:15
52.1
52.6
Wednesday 1 June 2022 07:15
52.5
53.8
Monday 2 May 2022 07:15
54
53.3
Friday 1 April 2022 07:15
55.5
54.2
Tuesday 1 March 2022 08:15
56
56.9
Tuesday 1 February 2022 08:15
56
56.2
Monday 3 January 2022 08:15
56.2
56.2
Wednesday 1 December 2021 08:15
57.9
57.1

Economic context

Recent economic data has been moderately bearish for EUR. Other recent announcements which may affect the market's interpretation of the next S&P Global Manufacturing PMI result:

PreviousLatest
HCOB Manufacturing PMIBearish change4645.2
HCOB Composite PMIBearish change5048.1
HCOB Services PMIBearish change51.649.2
HCOB Composite PMIBearish change48.647.3
HCOB Manufacturing PMIBullish change4343.2
HCOB Services PMIBearish change51.649.4
HCOB Composite PMIBearish change48.144.8
HCOB Manufacturing PMIBearish change44.543.2
HCOB Services PMIBearish change49.245.7
Gross Domestic Product (QoQ)Bearish change0.2%0.1%
Gross Domestic Product (YoY)Bearish change-0.2%-0.3%
Gross Domestic Product w.d.a (YoY)Bearish change0.2%0.1%
Consumer ConfidenceBullish change-12.5-12.4
Producer Price Index (MoM)Bullish change-0.5%0.2%
Producer Price Index (YoY)Bullish change-1.4%-1.1%
Core Harmonized Index of Consumer Prices (MoM)(no change)0.2%0.2%
Core Harmonized Index of Consumer Prices (YoY)(no change)2.7%2.7%
Harmonized Index of Consumer Prices (MoM)(no change)0.3%0.3%
Consumer Price Index (EU Norm) (YoY)(no change)1%1%
Consumer Price Index (YoY)(no change)0.9%0.9%
Consumer Price Index (EU norm) (YoY)Bullish change1.5%1.6%
Industrial Production s.a. (MoM)Bearish change1.5%-2%
Employment Change (QoQ)(no change)0.2%0.2%
Gross Domestic Product s.a. (QoQ)(no change)0.4%0.4%
Gross Domestic Product s.a. (YoY)(no change)0.9%0.9%
Harmonized Index of Consumer Prices (YoY)(no change)1.8%1.8%
ZEW Survey – Current SituationBearish change-86.9-91.4
ZEW Survey – Economic SentimentBearish change13.17.4
ZEW Survey – Economic SentimentBearish change20.112.5
Harmonized Index of Consumer Prices (MoM)(no change)0.4%0.4%
Harmonized Index of Consumer Prices (YoY)(no change)2.4%2.4%

About S&P Global Manufacturing PMI

Country:Spain
Currency:EUR
Source:IHS Markit
Category:Economic Activity
Frequency:Monthly

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