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Spain S&P Global Manufacturing PMI edges up to 50.2 in July

Spain's S&P Global Manufacturing PMI rose to 50.2 in July from 49.7 in June, returning to expansion territory, though the result fell short of the consensus estimate of 52.5. The reading indicates that Spanish factory activity is barely growing after a brief contraction in June. Spain's manufacturing sector has been navigating softer eurozone demand, and a return above 50 suggests conditions have stabilized marginally.