Spain Retail November 2019

Spain

Spain: Retail sales gather pace in November

December 27, 2019

Retail sales grew 3.0% year-on-year in November, accelerating from the 2.6% rise logged in October. November’s pick-up largely reflected faster growth in food sales and a rebound in sales of personal equipment goods.

On a distribution-based system, purchases at large chain stores quickened compared to October while those at department stores rebounded strongly. Meanwhile, sales at single retail and small chain stores slowed in November.

Annual average retail sales growth ticked to 2.2% in November from 2.1% in the previous month.

FocusEconomics Consensus Forecast panelists see private consumption expanding 1.5% in 2020, which is unchanged from last month’s forecast, and 1.5% in 2021.


Author:, Economist

Sample Report

Looking for forecasts related to Retail in Spain? Download a sample report now.

Download

Spain Retail Chart


Spain Retail November 2019

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


Spain Economic News

More news

Search form