Spanish Manufacturing PMI

  • Actual58.1
  • Forecast 58.1
  • Previous59.5

Source : Markit

Currency : EUR   (Euro)

Information

  • Measures

    Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry;

  • Effect

    Real greater than expected is good for the currency

  • Notes

    Data is given to Thomson Reuters subscribers 2 minutes before the public release time listed on the calendar - early market reaction is usually a result of trades made by these subscribers. Above 50.0 indicates industry expansion, below indicates contraction;

  • Why Traders Care

    It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy;

  • Abbreviation Explanation

    Purchasing Managers' Index (PMI);

  • Release Date Details

    Released monthly, on the first business day after the month ends;

Upcoming Educational Courses