The Spanish manufacturing sector completed a strong second quarter of the year in June, with growth of output, new orders and employment remaining elevated. Higher output requirements led firms to increase their purchasing activity at the strongest pace so far this year.

At 54.7, the headline PMI signalled a marked monthly improvement in business conditions in the Spanish manufacturing sector. The reading was only slightly below that of May (55.4), while the average for the second quarter of the year was broadly in line with the first quarter.