The Spanish manufacturing sector experienced a torrid month in October, with both output and new orders declining at rates not seen since the height of pandemic related lockdowns in the spring of 2020. Job shedding accelerated in response to the plunge in workloads, whilst confidence in the future slumped to a 29-month low. Elevated price pressures remained a concern for many firms. Whilst there was some positive news on this front, as both costs and output charges rose at much slower rates in October, inflation levels remained elevated. The headline S&P Global Spain Manufacturing PMI – a composite single-figure ... (full story)