In an unexpected turn of events, Spain's manufacturing sector has shown signs of recovery as the HCOB Spain Manufacturing Purchasing Managers' Index (PMI) jumped back into growth territory in May 2025. The latest data, updated on 2 June 2025, reveals that the PMI rose to 50.5, after having languished at 48.1 in April 2025, signaling a return to expansion for the industry.
The PMI, an important indicator of the economic health of the manufacturing sector, moves above the threshold of 50.0 to signal growth. This rise comes just in time, after months of stagnation below this crucial mark. Economic analysts speculate that the improvement could be attributed to global supply chains stabilizing and increased domestic demand following a series of measures to stimulate production.
This upward shift brings a sigh of relief to manufacturers and policy-makers who have been grappling with slow production levels and economic uncertainty. The potential for continued growth could fortify Spain's broader economic landscape, bolstering confidence both nationally and on the international stage. As the summer progresses, all eyes will be on whether this trend sustains, marking a new chapter of resilience for Spain's industrial framework.
