Spain's manufacturing sector faced challenges in June, with the PMI dropping to 47.3, indicating contraction. Rising input costs, supply chain disruptions, and weakened demand are major factors affecting the industry.
In June, the UK's flash composite PMI dropped to 53.1, missing the anticipated 54.5 and signaling slower economic growth. The decline highlights challenges in both the manufacturing and services sectors and raises concerns about the UK's economic recovery.
Japan's June 2023 economic analysis reveals a mixed scenario with the manufacturing sector experiencing an unexpected slowdown and the services sector continuing to contract, posing challenges for economic recovery.