LOGO
LOGO

European Economic News

Spanish Manufacturing Expands On Production, Orders

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

The Spanish manufacturing sector started 2014 on a positive footing, Markit Economics said Monday.

The seasonally adjusted Markit Purchasing Managers' Index rose to 52.2 in January from 50.8 in December. Moreover, the improvement in operating conditions in January was the strongest since April 2010.

The rate of growth in manufacturing output accelerated in January and was the fastest in close to three-and-a-half years. Total new business also grew at a sharper pace, with some panellists highlighting the impact of rising new export orders.

Data showed that rising workloads led firms to take on extra staff, marking the first instance of job creation since late-2010.

Manufacturers reported a slight fall in input costs, the first since August last year. Output prices also decreased in January, following a rise in December.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Global Economics Weekly Update -June 15 - June 19, 2026

June 19, 2026 16:46 ET
Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.