Wed, 05 Dec 2012 15:12:35 GMT
Spanish service sector eases a pace of contraction in November
The Spanish business activity index increased to 42,2 in November, comparing with 41,2 in October, according to Markits Economics survey released today. Although the Spanish service sector shrunk slower and that was a second consecutive month as contraction eased, but the actual figure, which is much lower than 50, indicates a solid decline in domestic business activity.