Spain Services PMI Expands Less than Expected ℹ️
Spain's services sector continued expanding in March 2025, but at a slower pace with softer demand conditions and moderating input costs, while maintaining optimistic future outlook.
Moderate economic indicator with mixed signals affecting European market exposure, showing resilient but decelerating service sector growth
Spain Private Sector Growth Moderates ℹ️
Spain's Composite PMI declined to 54 in March 2025, indicating a slight economic slowdown with reduced growth in services and continued manufacturing weakness, though job growth and business confidence remained stable.
Moderate economic indicators suggest potential market volatility, with mixed signals across different economic sectors affecting broader market sentiment
Spain’s February Tourist Arrivals Break Records 📈
Spain experienced a record-breaking month for international tourism in February 2025, with 5.4 million tourists visiting, representing a 7.7% increase from the previous year, with strong contributions from the UK, France, and Germany.
Tourism growth indicates economic resilience and potential positive signals for travel and hospitality sectors, with broad geographic diversity in visitor origins
Spain Factory Activity Unexpectedly Shrinks Again 📉
Spain's manufacturing sector contracted in March 2025, with PMI falling below 50, signaling reduced factory activity due to geopolitical uncertainties, while input prices continued to soften.
Weak manufacturing data suggests potential economic slowdown, which could negatively impact European market and specific European holdings
Spain Business Sentiment Improves in March 📈
Spain's industry confidence indicator improved slightly in March 2025, with production expectations rising and finished product stocks declining, indicating potential increased economic activity.
Moderate positive signal for European market exposure, with incremental improvements in industrial sentiment suggesting potential economic recovery
Spain Inflation Rate Falls More than Expected 📈
Spain's annual inflation rate dropped to 2.3% in March 2025, the lowest in five months, driven by decreases in electricity, fuel, and lubricant prices, with core inflation also easing to 2%.
Declining inflation suggests economic stabilization, which could positively influence European market investments and potentially reduce pressure on central bank monetary policies.
Spain Retail Sales Rise Faster in February 📈
Spanish retail sales showed strong growth in February 2025, with a 3.6% year-on-year increase, driven by robust non-food product sales and continued growth in food and beverage sectors.
Indicates economic resilience in European markets, particularly Spain, with potential positive implications for consumer-oriented investments and broader market sentiment