Manufacturing sector PMI
Non-financial private sector financing
Vehicle production
In June vehicle production decreased 18.1% year-on-year and 33.8% compared to June 2019 This can be explained by a lack of microchips since the end of 2020 and the slow level of recovery in Europe (with a fall in exports of 14.9% year-on-year) Sales remain far from pre pandemic levels (-25.8% in Spain).
Employment evolution in the Eurozone
Increase in the price of raw materials
A variety of factors have affected the rise in the prices of raw materials, among them the increase in demand, the bottlenecks and the fiscal and monetary stimulus packages.
A global lack of microchips
Production is insufficient to cover the growing demand.