Spanish manufacturing economy records stronger growth in September

From pmi.spglobal.com

Spain’s manufacturing sector enjoyed a bounce in performance during September. Output and new orders both increased noticeably, whilst there was a return to employment growth and a noticeable uplift in confidence. Purchasing activity also picked up. However, firms reported a solid rise in warehouse inventories which, alongside higher market competition, led to the steepest cut in output charges since the end of last year. The headline HCOB Spain Manufacturing Purchasing Managers’ IndexTM (PMI®) recorded 53.0 during September. That was up on August’s 50.5 and signalled the best improvement in operating ... (full story)