Respondents to survey for El País and SER also saw inflation as a bigger global threat than wars, energy, terrorism and climate changeSpain’s services sector activity grew at a slightly faster rate in October, Reuters reported today, citing the HCOB Spain Services Purchasing Managers’ Index (PMI) compiled by S&P Global.
Business people surveyed by S&P Global said their operating expenses kept on rising, but most of them protected their margins by raising their own prices.“While the wider European service sector is experiencing continuous downward pressure in business activity, Spanish companies are kicking it up a notch and reviving growth,” said Cyrus de la Rubia, Chief Economist at Hamburg Commercial Bank. Continue reading…
Source link : https://www.theguardian.com/world/live/2023/nov/06/economy-concerns-spain-cost-of-living-crisis-anxiety-europe-latest-news
Author : Lili Bayer in Brussels
Publish date : 2023-11-06 09:45:43
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