Activity in Spain's services sector expanded in August at the slowest rate since January, with companies concerned that inflation will weigh on their profits and on customers' demand, a survey showed today and a growing number of hotels and restaurants may decide to close in the Balearics this winter because of rising operating costs and slowing demand.
Spanish services sector growth slows to a crawl in August
Inflation is starting to impact the domestic market in the Balearics
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