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Spanish service sector growth hits 12-month high in December
Spain’s service sector finished 2025 on a positive footing, experiencing its strongest growth of activity in 12 months, according to the latest PMI survey data. Improved sales volumes underpinned the expansion of activity, whilst firms took on additional staff at a quicker pace. Confidence in the outlook also strengthened, reaching its highest level since last March. Inflationary pressures picked up, however. Input prices rose at the greatest rate since September, reflective of higher supplier charges, increased energy costs and stronger wage pressures. Selling prices at service providers were raised in response. ... (full story)
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