Spain’s final services PMI rose from 48.5 in the previous month to 50.4 in August, exceeding analysts’ forecast of 49.5 and putting an end to the services sector’s two-year tightening, according to the Markit Economics data. The positive final services PMI reports were assisted by the debt crises dragging Spain’s economy for more than two years.
Spain PMI – Final Manufacturing PMI
Apart from the positive final manufacturing PMI reports indicating a growth in Spain’s industry sector, the report also shows the sector rose above the 50 threshold to 51.1, up from 49.8 from the previous month. Read more