SPAIN DATA
- “The upturn in the PMI principally reflected solid increases in both output and new orders”…” Manufacturers reported that market demand and positive product campaigns had underpinned growth.”
- “This was further reflected by an increase in new export sales for the seventh successive month. Firms were suitably encouraged by the uplifts in sales and production requirements to bolster their purchasing activity during September”.
- “There was a further increase in input costs amid some reports of higher raw material prices”.
- “The net rise in input costs was however marginal and the weakest since February amid evidence that slow market demand and competition was limiting the pricing power of vendors”.
- “Competitive forces led manufacturers themselves to lower their charges for the first time since April”.
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