Spain's Services PMI climbed to 53.3 in March, up from 51.9 in February, showing modest expansion.
New business volumes slowed to nine‑month low, while export sales fell for third month, steepest decline since Jan 2024.
Input costs surged fastest since Apr 2023 due to energy and fuel spikes, prompting firms to raise output charges at pace since Aug 2025.
Service sector employment extended a 3.5‑year growth streak, and work backlogs rose for first time in four months.