Latest reading: Retail sales rose 0.5% on a seasonally adjusted month-on-month basis in September, following a 0.6% rise in the...
Retail Sales in Spain
The Spanish economy recorded an average growth rate of 1.6% in retail sales over the decade to 2024, above Euro Area's average of 1.4%. In 2024, Spain's retail sales growth was 1.8%.
Spain Retail Chart
Note: This chart displays Retail Sales (ann. var. %) for Spain from 2025 to 2022.
Source: Macrobond.
Spain Retail Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Retail Sales (ann. var. %) | -6.7 | 4.4 | 2.2 | 2.5 | 1.8 |
Retail sales recover in August
Latest reading: Retail sales increased 0.4% in working day and seasonally adjusted month-on-month terms in August, following a 0.4% decline in the prior month. Relative to the prior month's figures, readings in August improved for large chain stores (+1.2% in working day and seasonally adjusted month-on-month terms vs -0.6% in July) and small chain stores (+1.9% vs -2.0% in July). In contrast, the reading for single retail stores softened in August (0.0% vs +0.2% in July). In annual terms, retail sales rose 4.5% in August, following a 4.7% increase in the previous month.
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Spanish retail projections for the next ten years from a panel of 3 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable retail forecast available for Spanish retail.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Spanish retail projections.
Want to get access to the full dataset of Spanish retail forecasts? Send an email to info@focus-economics.com.
Latest Global Retail News
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Spain: Retail sales recover in August Latest reading: Retail sales increased 0.4% in working day and seasonally adjusted month-on-month terms in August, following a 0.4% decline...