Spanish services activity hits record low on coronavirus - PMI
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MADRID (Reuters) - Spain's lockdown measures to curb the spread of coronavirus led to a record contraction in services sector activity last month, with hotels and restaurants particularly badly hit, a survey showed on Friday.Markit's Purchasing Managers' Index (PMI) of activity among services companies, which account for around half of Spain's economic output, sank to a record low 23.0 in March from 52.1 in February.The sector had been above the 50 line denoting growth for more than six..