Spain Retail December 2018

Spain

Spain: Growth in retail sales flat in December

January 30, 2019

Year-on-year growth in retail sales was flat in December, following the mild 1.5% increase logged in November. December’s print largely reflected a healthy increase in sales of household equipment goods being offset by a dip in food sales.

On a distribution-based system, sales contracted across most store types. Sales at single retail, small chain, and department stores declined in December, while purchases at large chain stores rose only modestly in the month.

Annual average retail sales growth inched down to 0.8% in December from 0.9% in November.

Spain Private Consumption Forecast


FocusEconomics Consensus Forecast panelists see private consumption expanding 2.0% in 2019, which is unchanged from last month’s forecast, and 1.8% in 2020.


Author:, Economist

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Spain Retail Chart


Spain Retail December 2018

Note: Year-on-year and annual average variation of retail sales.
Source: National Statistical Institute (INE) and FocusEconomics calculations.


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