Spain’s business turnover increased 1.7% MoM for the second straight month in January and is now up 5.3% YoY.

• Manufacturing and mining turnover is up 1.7% YoY, and wholesale trade turnover is up 4.6% YoY.
• Utilities turnover has surged 4.5% MoM and 19.0% YoY.
• Other non-financial market services turnover was up 6.5% YoY.