Spain's Manufacturing PMI Drops to 51.5 in November, Falling Short of Expectations
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 01 2025
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Source: SeekingAlpha
Manufacturing PMI Decline: Spain's Manufacturing PMI fell to 51.50 in November from 52.10 in October 2025, indicating a decrease that was lower than market expectations.
Inflation Trends: Spain's inflation rate is projected to ease to 3% in November, suggesting a potential improvement in economic conditions.
ETF Insights: The performance of European bank ETFs (EUFN) is noted to be weaker due to lighter tailwinds, while the EWP ETF faces challenges from NATO pressures, inflation, and public discontent.
Market Outlook: The commentary suggests caution regarding investments in Spain, highlighting potential economic turbulence following a period of growth.
Analyst Views on EUFN
Wall Street analysts forecast EUFN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EUFN is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 37.290
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Current: 37.290
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
