Spain: Retail sales increase in February
March 31, 2016
In February, retail sales rose 7.4% over the same month last year, which was well above January’s 1.9% increase. The result came on the back of increasing sales in services as well as food and beverages. On a seasonal- and calendar-adjusted basis, retail sales in February expanded 4.0% over the same month of the previous year, which was above January’s 3.6% rise.
Meanwhile, the annual average growth in retail sales increased from 3.4% in January to 3.8% in February.