Retail Sales in Spain

Spain Retail Sales | Economic News & Forecasts

Spain - Retail Sales

Retail sales growth accelerates slightly in September

Retail sales grew 2.2% in annual terms in September, following a 1.8% increase in August. The pick-up was driven by faster growth in food sales as well as in purchases of personal equipment, but it was partially offset by softer growth in household equipment goods sales. On a seasonally- and calendar-adjusted basis, retail sales rose 0.6% from the previous month in September, which came in above the 0.4% increase recorded in August.

Retail sales data continues to point to resilient, albeit gradually decelerating, household consumption growth in the second half of the year. In line with this, annual average growth in retail sales inched down from 1.4% in August to 1.3% in September, which marks the weakest rate of growth since January 2015.

FocusEconomics Consensus Forecast panelists see private consumption expanding 2.4% in 2018, which is from last month’s forecast. For 2019, the panel sees private consumption growing at 2.1%.

Spain - Retail Sales Data

2012  2013  2014  2015  2016  
Retail Sales (annual variation in %)-7.0  -3.9  0.9  3.6  3.7  

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Spain Retail Sales Chart

Spain Retail
Note: Annual variation of real retail sales in %.
Source: National Statistical Institute (INE).

Spain Facts

Bond Yield1.545.62 %Nov 17
Exchange Rate1.180.65 %Nov 17
Stock Market10,010-0.74 %Nov 17

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