{"id":431372,"date":"2026-06-03T14:40:18","date_gmt":"2026-06-03T07:40:18","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/2026\/06\/spain-services-sector-returns-to-growth-in-may-but-price-pressures-still-a-concern\/"},"modified":"2026-06-03T14:40:18","modified_gmt":"2026-06-03T07:40:18","slug":"spain-services-sector-returns-to-growth-in-may-but-price-pressures-still-a-concern","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/2026\/06\/spain-services-sector-returns-to-growth-in-may-but-price-pressures-still-a-concern\/","title":{"rendered":"Spain services sector returns to growth in May but price pressures still a concern"},"content":{"rendered":"<div>\n<ul>\n<li>Services PMI 50.1 vs 48.0 expected<\/li>\n<li>Prior 47.9<\/li>\n<\/ul>\n<p class=\"text-align-justify\">Overall business activity in the services sector recovered in May, supported by a marginal increase in<br \/>\nnew business. So, that&#8217;s some good news as demand conditions hold up despite the continued uncertainty from the Middle East conflict.<\/p>\n<p class=\"text-align-justify\">That being said, the underlying performance continues to be rather poor with the second quarter poised to be one of the worst in over five years. So, there&#8217;s that to consider when viewing the headline reading as a benchmark. Mind you, Spain has always been one of the brighter spots in the euro area economy despite the struggles seen in Germany, Italy, and now France over the years.<\/p>\n<p class=\"text-align-justify\">Besides that, cost pressures remained acute in May. Of note, input prices<br \/>\nrose considerably since April, driven mainly by increased fuel<br \/>\nand energy costs. Meanwhile, output charges also rose in response to higher<br \/>\noperating expenses, although competitive pressures placed<br \/>\nsome restriction on corporate pricing power.<\/p>\n<p class=\"text-align-justify\">S&amp;P Global notes that: &#8220;Input prices rose to their fastest degree since<br \/>\nNovember 2022. In contrast, output price inflation fell to a<br \/>\nthree-month low, though remained above its historical trend and indicative of a<br \/>\nmarked increase in prices charged.&#8221;<\/p>\n<p class=\"text-align-justify\">As such, the outlook is far from signaling an improvement and a more optimistic take on things even if activity was better than in April.<\/p>\n<p>                            This article was written by Justin Low at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Services PMI 50.1 vs 48.0 expected Prior 47.9 Overall business activity in the services sector recovered in May, supported by a marginal increase in new business. So, that&#8217;s some good news as&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-431372","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/431372","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=431372"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/431372\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=431372"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=431372"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=431372"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}