Spanish services sector is back in the red zone

Note: This section contains information in English only.
Source: RTT News
© Scanpix/Reuters
Services industry in Spain declined in September of this year, while the benchmark PMI Index, which shows the activity in a particular sector, fell below 50 points, reaching 49 points in September versus 50.4 points in August. Reading below 50 points indicates an activity contraction. Moreover, the yesterday data showed that Spanish services industry lost 52,000 jobs in September.

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