Spanish HCOB Manufacturing PMI Jun: 52.3 (est 52.9; prev 54.0)
Key findings:
- Production and new orders rise again, but at slower rates. Correspondingly, business expectations have fallen to their lowest level in 2024 and below the historical average.
- Weaker growth in employment as confidence softens.
- Input cost inflation accelerates to highest since November 2022.
- Full document here.
Source: xStation