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Spain July services PMI 52.8 vs 53.4 expected

Spain July services PMI 52.8 vs 53.4 expected
Prior 53.4The drop in the headline reading sees it fall to the weakest since January, as the rate of expansion of Spain's services sector eases further. A cooling of demand conditions is something to note but at least there are also signs of price pressures coming off the boil even more in July. HCOB notes that:“Overall, the Spanish service sector remains in good shape. Some momentum in activity and more significantly new orders growth has been lost. But still, the sector seems to be rather resi... Read More
Posted: Aug 3 2023, 07:15
Author Name: forexlive
Views: 092116

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