Spain Services PMI Rises to 58.3 in September
Spain's service sector expansion accelerated in September as strong demand drove activity higher despite surging operating expenses. The S&P Global PMI index rose to 58.3, matching a three-year high.
Insights:
Spain's service sector activity accelerated in September as strong demand drove growth to 58.3, matching July's three-and-a-half-year high. The S&P Global Spain Services PMI Business Activity Index rose from 57.8 in August, extending the sector's expansion streak. Surging operating expenses and geopolitical tensions failed to derail the broader economic momentum.
