Retail Sales in Spain
Spain - Retail Sales
Retail sales gain traction in September
Retail sales rose a solid 3.6% year-on-year in September, accelerating from the revised 3.3% rise logged in August (previously reported: +3.2% year-on-year). September’s pick-up largely reflected stronger growth in sales of personal and household equipment goods.
On a distribution-based system, purchases at single retail, small chain and department stores quickened compared to August, while sales at large chain stores slowed in September.
Annual average retail sales growth climbed to 2.2% in September from 1.7% in the previous month.
FocusEconomics Consensus Forecast panelists see private consumption expanding 1.5% in 2020, which is down 0.2 percentage points from last month’s forecast, and 1.5% in 2021.
Spain - Retail Sales Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Retail Sales (annual variation in %) | -3.9 | 0.9 | 4.2 | 3.9 | 0.7 |
Spain Retail Sales Chart
Source: National Statistical Institute (INE).
Spain Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 0.07 | 5.62 % | Sep 03 |
| Exchange Rate | 1.10 | 0.65 % | Sep 04 |
| Stock Market | 8,857 | -0.74 % | Sep 04 |
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Economic News
Spain: Composite PMI slumps to near six-year low in October
November 6, 2019
Reflecting a sharper deterioration in manufacturing activity and softer growth of the services sector, the IHS Markit composite Purchasing Managers’ Index (PMI) slipped from 51.7 in September to 51.2 in October, the lowest reading since November 2013.
Spain: Industrial production growth eases to six-month low in September
November 6, 2019
Industrial production increased 0.8% year-on-year in seasonally- and calendar-adjusted terms in September, down from August’s revised 1.4% rise (previously reported: +1.7% year-on-year) and marking the softest increase in six months.
Spain: Growth holds steady in Q3 on solid domestic demand
October 31, 2019
Economic activity held steady in the third quarter, according to an advance GDP estimate released by the National Statistics Institute (INE) on 31 October.
Spain: Current account surplus shrinks slightly in August
October 31, 2019
Spain’s current account balance recorded a surplus of EUR 3.3 billion in August, below the EUR 3.4 billion surplus recorded in August 2018 but above the EUR 3.2 billion surplus logged in July.
Spain: Housing permits plunge in August
October 31, 2019
The Spanish Board of Architects approved 5,114 new construction permits in August, according to data published by the Ministry of Public Works.
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