Spain Services PMI  2011-2018 | Data | Chart | Calendar | Forecast | News

The IHS Markit Spain Services PMI came in at 52.7 in August 2018, broadly unchanged from July's 56-month low of 52.6 but better than market expectations of 52.1. Meanwhile, the rates of expansion were generally much weaker than earlier in 2018. New orders growth eased for the fifth straight month, its weakest since December 2016. Also, output and employment advanced at a slower pace. Subsequently, backlogs of work continued to accumulate. In addition, sentiment among service providers fell to the lowest in five years, amid worries about recent signs of demand easing. In terms of prices, higher fuel prices led to a marked rise in input costs but output price inflation was modest to stimulate demand. Services PMI in Spain is reported by Markit Economics.

Spain Services PMI
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Spain Business Last Previous Highest Lowest Unit
Business Confidence -4.30 -2.10 8.50 -39.00 Index Points [+]
Services PMI 52.70 52.60 60.30 36.80 Index Points [+]
Manufacturing PMI 53.00 52.90 56.10 41.10 [+]
Industrial Production 0.50 0.40 13.60 -21.70 percent [+]
Industrial Production Mom -0.30 -0.60 9.30 -12.00 percent [+]
Manufacturing Production 1.70 1.90 13.60 -22.70 percent [+]
Capacity Utilization 79.50 80.20 90.00 68.86 percent [+]
Changes in Inventories 1862.00 1814.00 2230.00 -3402.00 EUR Million [+]
Bankruptcies 1610.00 1457.00 2854.00 11.00 Companies [+]
Total Vehicle Sales 107692.00 131176.00 177375.00 23090.00 [+]
Car Production 2224.00 2492.00 2504.00 139.00 Hundred Units [+]
Car Registrations 120075.00 121489.00 145729.00 3103.00 [+]
Internet Speed 15487.07 15362.73 15487.07 2354.24 KBps [+]
IP Addresses 14575619.00 13803828.00 14855454.00 7640009.00 IP [+]
Mining Production -5.90 7.90 20.70 -44.90 percent [+]
Steel Production 1200.00 1295.00 1980.00 555.00 Thousand Tonnes [+]
Competitiveness Index 4.70 4.68 4.71 4.49 Points [+]
Competitiveness Rank 34.00 32.00 42.00 29.00 [+]
Ease of Doing Business 28.00 32.00 62.00 28.00 [+]
Electricity Production 23314.00 21088.00 27405.00 20466.00 Gigawatt-hour [+]
Corruption Index 57.00 58.00 71.00 43.10 Points [+]
Corruption Rank 42.00 41.00 42.00 20.00 [+]
Factory Orders 5.20 6.60 13.20 -33.60 percent [+]


Spain Services PMI

The Markit Spain Services PMI (Purchasing Managers' Index) is based on data compiled from a representative panel of over 300 companies based in the Spanish service sector. The index tracks variables such as sales, employment, inventories and prices. A reading above 50 indicates that the services sector is generally expanding; below 50 indicates that it is generally declining. This page provides the latest reported value for - Spain Services PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Spain Services PMI - actual data, historical chart and calendar of releases - was last updated on September of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
52.70 52.60 60.30 36.80 2011 - 2018 Index Points Monthly




services pmi by Country
Country Last
Australia 52.20 Aug/18
Brazil 46.80 Aug/18
China 51.50 Aug/18
Euro Area 54.40 Aug/18
France 55.40 Aug/18
Germany 55.00 Aug/18
India 51.50 Aug/18
Italy 52.60 Aug/18
Japan 51.50 Aug/18
Russia 53.30 Aug/18
Spain 52.70 Aug/18
United Kingdom 54.30 Aug/18
United States 54.80 Aug/18


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