Spain services sector grows for fourth straight month in February: PMI

Spain's service sector expanded for the fourth straight month in February, a survey showed on Wednesday, though at a slower pace than a month earlier, suggesting the path to sustainable growth may be rocky. Markit's Purchasing Managers' Index (PMI) of service companies stood at 53.7 in February, down from 54.9 in January. The index has held above the 50 line separating growth from contraction since November. However, service sector employment shrank again in February after grow .. Source :  http://economictimes.indiatimes.com/news/international/business/spain-services-sector-grows-for-fourth-straight-month-in-february-pmi/articleshow/31471413.cms