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Spanish Services activity growth moderates but remains sharp at end of Q2
The Spanish service sector continued to record sharp growth of business activity during June on the back of further ne w order growth. Increases in new work led companies to take on extra staff, and the rate of job creation quickened for the seventh month running. A modest rise in input prices was recorded, while a fractional increase in output charges brought an end to a near - seven year sequence of discounting. The headline seasonally adjusted Business Activity Index posted 56.1 in June, down from May’s 58.4 but still pointing to a sharp monthly rise in services activity. Spanish service providers have now ... (full story)