Spain’s Business Turnover Index rose 0.1% MoM in February and is up 3.8% YoY after seasonal and calendar adjustment, down from 5.5% YoY.

• Electricity and water supply turnover surged 21.0% YoY.
• Trade turnover rose 1.2% MoM and 4.8% YoY.
• Market non-financial services turnover was up 4.2% YoY but fell -0.7% MoM.
• Extractive and manufacturing industries turnover rose 1.0% YoY.