• Growth of Spanish services activity quickened in May on the back of a further sharp increase in new business says Markit

Market news

5 June 2018

Growth of Spanish services activity quickened in May on the back of a further sharp increase in new business says Markit

The rise in activity was supported by ongoing job creation, with the latest increase in employment among the strongest in the past 11 years.

The headline seasonally adjusted Business Activity Index rose to a three-month high of 56.4 in May, from 55.6 in April. This signalled a sharp monthly increase in activity across the sector, extending the current sequence of growth to 55 months.

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