Spain August services PMI 54.6 vs 54.5 expected ...Middle East

Services PMI 54.6 vs. 54.5 expected and 53.9 prior.Composite PMI 53.5 vs. 53.4 prior.Key findings:Uplift in growth despite weaker rise in new work. Slowest cost inflation since March 2021. Sentiment down to eight-month low.Comment:Commenting on the PMI data, Jonas Feldhusen, Junior Economist at Hamburg Commercial Bank, said: "While the Spanish are enjoying their summer holidays, there is little movement in the HCOB Purchasing Managers' Indices as well. The HCOB Composite PMI continues to signal solid growth and remains nearly unchanged compared to July. As in the preceding months, growth is primarily driven by the strong services sector, while momentum in the manufacturing sector is softenin

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Spain August services PMI 54.6 vs 54.5 expected ...Middle East

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