Spanish S&P Global Manufacturing PMI (May) 51.2 (Prev. 51.7)

“Firms are also struggling in the face of widespread  product shortages, with lead times for the delivery of  inputs deteriorating to the greatest degree since May  2022. This meant firms were somewhat limited in their  production capabilities, with output subsequently rising  only marginally and firms experiencing a growing reliance  on existing stocks to maintain production levels.”