Spanish Manufacturing Returns to Growth in September
Spanish manufacturing resumed growth in September as output rose for the first time in four months. The S&P PMI increased to 51.0 from 49.5 in August, driven by improved business confidence despite lingering demand pressures.
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Spanish Manufacturing Returns to Growth
Spain's manufacturing sector returned to growth in September as output rose for the first time in four months, driven by improved business confidence. The S&P Spain Manufacturing PMI rose to 51.0 from 49.5 in August, crossing the 50-mark threshold that separates expansion from contraction. The recovery comes despite persistent headwinds from sluggish overall demand and rising energy costs linked to conflicts involving the United States and Iran .
