Spain’s services PMI falls to 55.1 in April
Markit Economics released services purchasing managers' index (PMI) for Spain on Wednesday. Spain's services purchasing managers' index (PMI) fell to 55.1 in April from 55.3 in March.
The decline was driven by a softer growth in in new orders and employment, while output prices decreased.
"While the headline activity figure from the latest Spain services PMI suggests that growth remained marked during April, other indices from the survey paint a less positive picture," Senior Economist at Markit Andrew Harker said.
"Political uncertainty contributed to the weakest rise in new business for close to a year-and-a-half," he added.
|remaining time till the new event being published|
- U.S industrial production rose 0.6 percent in November after moving down 0.2 percent in October
- UK PM May: Was Crystal Clear About Assurances Needed On Brexit
- U.S retail sales were $513.5 billion in November, an increase of 0.2 percent from the previous month
- Eurozone Composite PMI fell from 52.7 in November to 51.3 in December, its lowest since November 2014