Spain's May Manufacturing PMI Falls Short of Expectations

Spain's manufacturing sector showed a slight decline in May, with the Purchasing Managers' Index (PMI) registering at 51.2. According to Jin10, this figure fell short of the anticipated 52 and was a decrease from the previous month's reading of 51.7. The PMI is a key indicator of the economic health of the manufacturing sector, with a reading above 50 indicating expansion.