wrapper

Spanish Services PMI fell to 57.3

Monday, Jun 05 2017
Spanish Services PMI fell to 57.3

The recent strong growth rates generated by the Spanish service sector continued in May. Further sharp increases were recorded in business activity and new orders. With workloads rising, and the prospect of new projects in future, companies took on extra staff again. Meanwhile, inflationary pressures moderated during the month.

The headline seasonally adjusted Business Activity Index posted at 57.3 in May. Although slightly below the previous month’s reading of 57.8, the index still pointed to a sharp monthly increase in activity and one that was broadly in line with those recorded since February.

More in this category: « Australian company operating profits rose for 6.0% UK Services PMI down more than expected »

Latest from Editor

About Us

Forex Web News is part of Rolling Capital Network providing financial consulting.

Within the Forex Web News we provide our readers with expert and timely technical analyses, fundamental analyses and news; with one aim – for our readers to make best possible financial decisions.

Forex Web News desks and analysis department follow the international markets closely and create high quality proprietary content on a both daily and weekly basis.

.

All our analysts have several years of trading and analysis experience. The Forex Web News analysis team creates daily and weekly analyses and offer forecasts regarding where they believe the markets are heading. Our readers are provided with data displayed both in texts and on graphs, providing them the fullest understanding of what is happening in the market place.

We are constantly growing our news desks and our analysis departments as we strive to broaden the content we provide to visitors of the Forex Web News.

Disclaimer

Rolling-capital.com – The company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as a result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate. All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. rolling-capital.com bears no responsibility for any trading losses you might incur as a result of using any data within the Forex Web News.