Spanish service sector expands most since 2007

Note: This section contains information in English only.
Source: RTT News
Activity in the service industry of Spain rose to the highest level in almost seven years, as the economy is recovering and labor market in this sector improved slightly. Moreover, new orders in the sector grew as well. The benchmark PMI Index, which measures the activity, increased to 54.9 points in January of this year from 54.2 a month ago, while reading above 50 points on expansion.
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