Spain Retail March 2019

Spain

Spain: Retail sales moderate at end of Q1

April 30, 2019

Retail sales rose 0.3% in year-on-year terms in March, following the 1.7% upturn logged in February. The print largely reflected increased sales of personal equipment goods.

On a distribution-based system, sales at single retail and department stores declined in March, while they moderated at small and large chain stores compared to February.

Annual average retail sales growth inched down to 0.6% in March from 0.7% in February.

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 March 2019

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


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