SPAIN DATA
- “Panellists reported that underlying market demand remained positive, but flooding in some areas of Spain limited gains in both activity and new work”.
- “New export business was slightly lower, dropping for the first time since last February amid evidence of reduced market activity and the negative impact on demand of high prices”.
- “Spanish service providers limited their output price increases during November”
- “That was despite another steep increase in input costs”…“Panellists linked the upturn in operating expenses to a combination of higher supplier charges and increased wages for staff”.
- “This in turn was partially linked to a rise in the demand for workers, with Spanish service companies adding to their staffing levels for a twenty-sixth successive month in November”
- “Finally, looking ahead to the coming 12 months, companies are forecasting an increase in activity from present levels”
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