FX.co ★ Spain Services Sector Growth Slows

The S&P Global Services PMI eased to 57.2 in October 2026 from 58.3 in September, its lowest reading in four months, though it continued to indicate strong expansion in the services sector. New business volumes rose again in October, supported by solid demand and improving market conditions. However, the pace of growth slowed to a five-month low, weighed down by weaker external demand. New export business declined for a second consecutive month, with the latest fall the sharpest since May.