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Why Spain’s Manufacturing PMI Has Been Falling Gradually

Sarah Sands
Why Spain’s Manufacturing PMI Has Been Falling Gradually

According to a report by Markit Economics, Spain’s manufacturing PMI has been falling gradually since February. It stood at 54.4 in April compared to 54.8 in March. April’s PMI figure beat the preliminary market estimate of 54.2. April’s figure pointed to the lowest expansion in factory activity since September 2017.