Markit Economics released its manufacturing purchasing managers' index (PMI) for Spain on Monday. Spain's manufacturing purchasing managers' index (PMI) declined to 53.0 in December from 53.1 in November.

The index was driven by a faster pace of production growth and new orders, while input costs continued to decline.

"The latest Spanish manufacturing PMI data signalled a solid end to 2015 for the sector as growth rates for output and new orders continued to accelerate following a brief slowdown around the end of Q3," a senior economist at Markit Andrew Harker said.