Spain’s services sector continued to expand in January, although at a slower pace than in December, as new business volumes rose sharply, according to a survey by S&P Global.
The HCOB Spain Services PMI Business Activity Index recorded a solid 54.9 in January, marking the seventeenth consecutive month of growth in the sector. The strong reading, far above the 50 mark indicating expansion – was down from 57.3 in December.
