- Analytics
- News and Tools
- Market News
- Spanish services sector expand faster than expected
Spanish services sector expand faster than expected
Faster rises in activity and new business helped lead to the sharpest increase in employment at Spanish service providers for almost nine years at the end of the second quarter. The rate of input cost inflation was unchanged from that seen in May, while output prices continued to rise marginally. The headline seasonally adjusted Business Activity Index rose to 56.0 in June from 55.4 in the previous month, signalling a sharp monthly expansion of business activity, and the fastest since last November. Growth of activity has now been recorded in each of the past 32 months. Five of the six monitored sectors registered higher activity, the exception being 'Other Services'. The Post & Telecommunications category recorded the fastest rise in output, a picture matched in terms of new business and employment. Some respondents indicated that improving client demand had led their activity to rise. Supporting this evidence was a marked increase in new business, the sharpest in seven months. A number of panellists indicated that successful marketing campaigns had contributed to rising new orders.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
