The S&P Global Services PMI eased to 57.2 in October 2026 from 58.3 in September, marking its lowest reading in four months, although it continued to signal robust expansion in the services sector. New business volumes continued to grow, supported by stronger demand and improved market conditions. However, the pace of growth slowed to a five-month low, hampered by weaker export demand. New export business fell for the second month, with the latest decline the steepest since May. Meanwhile, employment continued to rise in October, with job creation reaching its fastest pace since July. In terms of prices, input price inflation accelerated to a seven-month high, due to elevated energy, fuel and transport costs plus a general increase in supplier prices. In turn, output price inflation eased from September’s five-month high, amid competitive pressures. Looking ahead, confidence in the outlook remained positive overall, with sentiment strengthening to its highest level since February. source: S&P Global
Services PMI in Spain decreased to 57.20 points in October from 58.30 points in September of 2026. Services PMI in Spain averaged 52.26 points from 2011 until 2026, reaching an all time high of 62.50 points in June of 2021 and a record low of 7.10 points in April of 2020. 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.
Services PMI in Spain decreased to 57.20 points in October from 58.30 points in September of 2026. Services PMI in Spain is expected to be 56.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Spain Services PMI is projected to trend around 53.90 points in 2027 and 52.90 points in 2028, according to our econometric models.