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Spanish Private Sector Remains in Expansion Territory in August

MT Newswires·09/03/2026 03:35:08
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03:35 AM EDT, 09/03/2026 (MT Newswires) -- Spain's private sector activity continued to expand in August 2026 for the fourth straight month as a solid increase in the service sector offset the biggest decline in manufacturing output since December 2023. The S&P Global Spain Composite PMI Output Index dropped to 55.8 from 56.5 in July, S&P Global said Thursday. For the service sector, the PMI came in at 57.8, against the previous 58.3 and the consensus estimate of 59, marking the second-highest reading in nearly 3.5 years.