Spain’s manufacturing economy experienced its strongest growth in just under a year during August as output, new orders and employment all rose to stronger degrees compared to July. Expectations were positive that growth will be sustained, although buying activity increased only slightly amid ongoing supply-side challenges. Meanwhile, prices data showed modest inflationary pressures during August. The seasonally adjusted HCOB Spain Manufacturing Purchasing Managers’ IndexTM (PMI®) – a composite index designed to provide a summary of operating conditions in the manufacturing economy – registered 54.3 in August. That ... (full story)