Top performer among major eurozone countries (Il Sole 24 Ore Radiocor) - London , 02 May - In April, Spain's purchasing managers' index for the manufacturing sector rose to 52.2 from 51.4 in March, pointing to the strongest improvement in operating condidtiosn since June 2022, according to data released by S&P Global and Hamburg Commercial Bank.

A reading above 50 signals expanding sector activity and a reading below 50 a contraction.

"Spain continues to shine as the top performer among major eurozone countries," said Jonas Feldhusen, junior economist at Hamburg Commercial Bank. "While we have yet to see a recovery in manufacturing across the eurozone, Spain sustained the growth trend it embarked upon in February and March. Indicators suggest that the upswing in Spain's manufacturing sector is driven by the ongoing improvement in demand both domestically and internationally. Hence, it's no surprise that industrial firms are ramping up their production for the third consecutive month.".

AAA-Hob

(RADIOCOR) 02-05-24 09:26:29 (0187) 5 NNNN