Japan Manufacturing PMI Falls to 48.9; Spain Rises to 51.9; Australia PPI Up 0.7% QoQ; France, Germany, UK PMIs Contract

Recent manufacturing and producer price index (PPI) data from multiple countries indicate mixed economic signals for July and the second quarter of 2025. Australia's final manufacturing Purchasing Managers' Index (PMI) stood at 51.3, slightly below the previous 51.6, signaling modest expansion. The country's PPI rose by 0.7% quarter-on-quarter in Q2, down from 0.9% previously, with an annual increase of 3.4%, also lower than the prior 3.7%. In contrast, Japan's manufacturing PMI fell to 48.9 in July, marking its first contraction since early 2024 and indicating a decline in factory activity. Spain's manufacturing PMI improved to 51.9, exceeding the forecast of 51.8 and the previous 51.4, suggesting growth. However, France's manufacturing PMI decreased to 48.2, slightly below the forecast and previous 48.4, reflecting contraction. Germany's final manufacturing PMI was 49.1, just under the forecast and previous 49.2, also showing contraction. The United Kingdom's manufacturing PMI dropped to 48, below the preliminary 48.2 and forecast 48.2, indicating continued contraction in its manufacturing sector.