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03.07.202607:41:20UTC+00Spain Private Sector Gains Momentum

The HCOB Spain Composite PMI rose to 53.3 in June 2026 from 50.2 in May, marking a second consecutive month of expansion and the strongest growth since December 2025. Overall activity was driven by the services sector, while manufacturing output slipped back into contraction for the first time in three years. Total new orders increased, as robust demand for services more than compensated for a sharp drop in new business received by manufacturers. At the same time, inflationary pressures eased, with rates of inflation moderating over the month. Looking ahead, business confidence strengthened to its highest level since February.

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