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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
SPAIN DATA
MNI (London)
SPAIN JUNE MANUFACTURING PMI 52.6 (FCST 52.2); MAY 53.8
- The June survey saw the Spanish manufacturing PMI weaken by 0.8 points, albeit coming in stronger than expected. This is the lowest reading since January 2021 during the initial Omicron Covid wave, however, remains in expansionary territory.
- A slump in new orders was the key downwards driver of manufacturing in June. Output still remained high, boosted by previous order levels.
- The war in Ukraine and energy price inflation continued to generate uncertainty in growth outlooks. This combined with soaring inflation hitting 10.2% in the June flash estimate has led to a considerable decline in demand.
- Inflationary pressures saw signs of easing, as well as modest upticks in employment leading to outlooks improving marginally.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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