Spain Services PMI  2011-2017 | Data | Chart | Calendar | Forecast | News

The IHS Markit Spain Services PMI fell to 57.3 in May of 2017 from 57.8 in April, below market expectations of 57.5. It is the lowest reading since January mainly due to a small slowdown in employment. In contrast, business activity went up sharply; new business rose faster and new orders and backlogs of work also increased. In addition, inflationary pressures eased. The sentiment picked up to the highest in 26 months, with more than 55 percent of services providers expecting the output to be higher in the next 12 months. Services PMI in Spain averaged 51.35 Index Points from 2011 until 2017, reaching an all time high of 60.30 Index Points in April of 2015 and a record low of 36.80 Index Points in November of 2011. 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 0.50 0.10 8.50 -39.00 [+]
Services PMI 57.30 57.80 60.30 36.80 Index Points [+]
Manufacturing PMI 55.40 54.50 55.80 41.10 [+]
Industrial Production 0.70 0.60 13.60 -21.60 percent [+]
Industrial Production Mom 0.10 -0.30 9.29 -12.04 percent [+]
Manufacturing Production 1.20 2.00 13.70 -22.90 percent [+]
Capacity Utilization 78.25 77.59 90.00 68.86 percent [+]
New Orders 5.00 6.00 15.00 -61.00 [+]
Changes in Inventories 1321.00 1362.00 2230.00 -3402.00 EUR Million [+]
Bankruptcies 1319.00 1309.00 2854.00 11.00 Companies [+]
Total Vehicle Sales 126411.00 101375.00 177375.00 23090.00 [+]
Car Production 1624.00 2486.00 2504.00 139.00 Thousand Units [+]
Car Registrations 111679.00 110046.00 150376.00 3103.00 Cars [+]
Cement Production 1369.74 1341.72 5122.79 580.30 Thousands of Tonnes [+]
Competitiveness Index 4.68 4.59 4.71 4.49 Points [+]
Competitiveness Rank 32.00 33.00 42.00 29.00 [+]
Ease of Doing Business 32.00 33.00 62.00 32.00 [+]
Electricity Production 22212.00 26855.00 27405.00 20834.00 Gigawatt-hour [+]
Corruption Index 58.00 58.00 71.00 43.10 Points [+]
Corruption Rank 41.00 36.00 41.00 20.00 [+]
Factory Orders 9.50 10.80 13.20 -33.60 percent [+]
Steel Production 1194.00 1381.00 1980.00 555.00 Thousand Tonnes [+]
Mining Production 5.60 -4.20 18.80 -44.90 percent [+]


Spain Services PMI Notes

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 June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
57.30 57.80 60.30 36.80 2011 - 2017 Index Points Monthly



services pmi by Country

Last
Australia 51.50 May/17
Brazil 49.20 May/17
China 52.80 May/17
Euro Area 56.30 May/17
France 57.20 May/17
Germany 55.40 May/17
India 52.20 May/17
Italy 55.10 May/17
Japan 53.00 May/17
Russia 56.30 May/17
Spain 57.30 May/17
United Kingdom 53.80 May/17
United States 53.60 May/17