Spain September services PMI 57.0 vs 54.0 expected ...Middle East

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Spain September services PMI 57.0 vs 54.0 expected
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Services PMI 57.0 vs 54.0 expected and 54.6 priorComposite PMI 56.3 vs 53.5 prior.Key findings:Uplifts in new business and activity growth signalled. Employment levels raised markedly. Cost inflation down to three-and-a-half year low.Comment:Commenting on the PMI data, Jonas Feldhusen, Junior Economist at Hamburg Commercial Bank, said: "The summer is coming to an end and Spain is coming up with a little surprise, as the latest PMI data shows signs of accelerated growth in September, although we anticipated growth to cool down somewhat in the second half of the year. This once again sets Spain apart from the other major eurozone countries. Business activity and new business rose amid reports

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