Spain April Final Services PMI 56.2 vs. 56 expected ...Middle East

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Services PMI 56.2 vs. 56 expected and 56.1 prior.Composite PMI 55.7 vs. 55.3 prior.Key findings:Stronger gain in activity, despite slower new business growth.Job numbers increase sharply.Inflation rates remain elevated.Comment:Commenting on the PMI data, Jonas Feldhusen, Junior Economist at Hamburg Commercial Bank, said: “Spanish service providers continuously impress with their performance. The HCOB PMI confirms the upswing in the services sector – activity remains consistently positive in April. The associated index remains at a high level at 56.2 points. “Activity is driven by a consistently high order situation. Despite recent tensions due to high demand for Spanish services abroad, part

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Spain April Final Services PMI 56.2 vs. 56 expected ...Middle East

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