Spain Jan Markit mftg PMI now out 1 Feb
- 55.8 prev
Softer reading for Jan. Final France, German, and EZ all to follow before the top of the hour.
Says Markit:
Business conditions in the Spanish manufacturing sector continued to improve markedly at the start of 2018. Output rose sharply amid further increases in new orders. In order to facilitate growth of production, panellists took on extra staff and increased purchasing activity. Moreover, sentiment regarding the 12-month outlook strengthened to a one-year high. Meanwhile, input cost inflation accelerated. This partly reflected an increase in the oil price, but also higher costs for raw materials given further strong demand for inputs.
Full report here
