Spain’s services sector showed a solid rebound in June 2026, with the HCOB Spain Services PMI rising to 54.2, up from 50.1 in May 2026. The latest reading, updated on 03 July 2026, marks a clear move further into expansion territory after hovering just above the stagnation line a month earlier.
The improvement from May’s marginally positive level suggests stronger business activity and a firmer demand environment in Spain’s services industry. With the PMI now comfortably above the 50.0 threshold that separates expansion from contraction, the data points to renewed momentum in a key pillar of the Spanish economy heading into the second half of the year.