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Why Spain’s Service PMI Weakened in March 2018

Sarah Sands
Why Spain’s Service PMI Weakened in March 2018

According to Markit Economics, the final Spain services PMI showed a weaker rise in March as compared to February 2018. It stood at 56.2 in March as compared to 57.3 in February 2018. The PMI figure met the preliminary market estimate of 56. It was the weakest expansion in service activity since January 2018.