Spanish S&P Global Manufacturing PMI (Apr) 51.7 vs. Exp. 49.5 (Prev. 48.7)

The Spanish S&P Global Manufacturing PMI for April came in at 51.7, significantly above expectations of 49.5 and the previous reading of 48.7. This stronger-than-expected print suggests a rebound in manufacturing activity, which could imply improving growth prospects for the region and have implications for the broader European economic outlook and ECB policy considerations.