Spain's services PMI declined more than expected

Note: This section contains information in English only.
Source: Forexpros
© Scanpix/Reuters

Markit Financial Information Services reported on Wednesday that Spanish service sector activity witnessed a steeper decline in September than it was expected. Services PMI declined to 40.2 on a seasonally adjusted basis, compared to a preceding month's reading of 44.0. Analysts, however, expected that the index would be equal to 42.5.

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