Spain September services PMI 52.5 vs 52.9 expected

Latest data released by Markit - 3 October 2018

  • Prior 52.7
  • Composite PMI 52.5 vs 53.1 expected
  • Prior 53.0

The services print is the weakest since November 2013 as new orders index falls from 54.0 in August to 53.6 in September - lowest since December 2016. Not an encouraging release to say the least, though it won't do much to dampen the euro for now given the Italian budget backdrop at play.

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