Companies in Spain and Europe Prepare for the Worst: They Accumulate Stock for the War in Iran

OKDIARIO

Right

Factuality

Ownership

Spanish and European companies have reacted quickly to the Iran war by collecting stock, something that has triggered macroeconomic variables related to inputs and sales. Thus, the PMI index of the manufacturing sector of Spain skyrocketed in April, reflecting an increase in new orders from customers seeking to secure supply in the face of uncertainty due to the crisis in the Middle East. This is reflected in the data published this Monday by S&…