Spain’s services sector expanded at its strongest pace this year in June as activity and new business rebounded on stronger domestic demand, a business survey showed on Friday.
Survey Results
The Spain Services PMI Business Activity Index rose to 54.2 in June from 50.1 in May, according to the survey by S&P Global. The 50-mark separates growth from contraction.
“June’s survey pointed to a noticeable bounce in activity and sales following a lacklustre couple of months,” said Paul Smith, economics director at S&P Global Market Intelligence.
New business increased at the fastest rate in six months, while export sales were little changed after declines in every previous month of 2026. Firms linked the improvement mainly to stronger domestic demand and market activity.
Employment growth picked up to its strongest since March, extending the current run of job creation to 45 months. Backlogs of work rose for the third time in four months and at the fastest pace since August 2025.
Confidence strengthened to a four-month high, helped by hopes of stronger sales and an easing in Middle East tensions. Input cost inflation slowed to a four-month low, while output price inflation eased for a third month to its weakest since January.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.
