{"id":437288,"date":"2026-09-01T15:00:07","date_gmt":"2026-09-01T08:00:07","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/spain-manufacturing-falls-back-into-contraction-in-august-pmi-data-437288\/"},"modified":"2026-09-01T15:00:07","modified_gmt":"2026-09-01T08:00:07","slug":"spain-manufacturing-falls-back-into-contraction-in-august-pmi-data","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/spain-manufacturing-falls-back-into-contraction-in-august-pmi-data-437288\/","title":{"rendered":"Spain manufacturing falls back into contraction in August &#8211; PMI data"},"content":{"rendered":"<div>\n<ul>\n<li>Spain August manufacturing PMI 49.5 vs 50.3 expected<\/li>\n<li>Prior 50.2<\/li>\n<\/ul>\n<p style=\"text-align: justify\" class=\"text-align-justify\">It&#8217;s not a good look in August for Spain manufacturing activity, with both output and new orders declining. The worsening business activity reflected\u00a0some concerns over rising prices,<br \/>\nespecially for energy, with latest data showing a noticeable<br \/>\nacceleration in overall input cost inflation.<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">Meanwhile, supply-side<br \/>\nchallenges also remained evident, with typical lead times for<br \/>\nthe delivery of inputs again deteriorating to a considerable<br \/>\ndegree.<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">Circling back to the drop in production, that is also in part due to\u00a0the usual seasonality related to summer<br \/>\nfactory shutdowns. However, the survey notes that the drop was\u00a0primarily linked by panellists to a modest decline in new work<br \/>\namid reports of stagnant market conditions and demand. So, there&#8217;s that.<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">S&amp;P Global notes that:<\/p>\n<blockquote style=\"text-align: justify\" class=\"text-align-justify\"><p>\u201cAugust proved to be a somewhat challenging month<br \/>\nfor Spain\u2019s manufacturing sector, with output and new<br \/>\norders declining on the month amid stagnant market<br \/>\ndemand. Weakness was especially prevalent amongst<br \/>\ncapital goods producers as firms continue to struggle to<br \/>\nsecure investment and commitments to new contracts<br \/>\ngiven the uncertainty that exists within the marketplace.\n<\/p><\/blockquote>\n<blockquote style=\"text-align: justify\" class=\"text-align-justify\"><p>\u201cThis uncertainty can be linked to the rollercoaster in<br \/>\nprice setting that firms continue to experience in 2026.<br \/>\nWith energy costs picking up again in August, input<br \/>\nprice inflation has once again surged higher, placing<br \/>\nnoticeable pressure on margins and meaning confidence<br \/>\nin the outlook remained subdued. No wonder firms<br \/>\nremained reticent to hire or buy-in new inputs, with both<br \/>\nemployment and purchasing activity subsequently cut<br \/>\nover the month.\u201d<\/p><\/blockquote>\n<p style=\"text-align: justify\" class=\"text-align-justify\">\n<p>                            This article was written by Justin Low at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Spain August manufacturing PMI 49.5 vs 50.3 expected Prior 50.2 It&#8217;s not a good look in August for Spain manufacturing activity, with both output and new orders declining. The worsening business activity&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-437288","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/437288","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=437288"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/437288\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=437288"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=437288"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=437288"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}