Retail Sales in Spain
Spain - Retail Sales
Retail sales growth hits seven-month high in May
Retail sales rose 3.1% in year-on-year terms in May, marking a seven-month high and following the softer 1.9% upturn logged in April. The print largely reflected a strong increase in sales of personal equipment goods.
On a distribution-based system, sales at small and large chain stores, and in department stores picked up compared to April. Meanwhile, purchases at single retail sales rebounded in May.
Annual average retail sales growth rose to 1.0% in May from 0.7% in April, a one-year high.
FocusEconomics Consensus Forecast panelists see private consumption expanding 1.9% in 2019, which is down 0.1 percentage points from last month’s forecast, and 1.8% in 2020.
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 | 0.41 | 5.62 % | Jul 10 |
| Exchange Rate | 1.13 | 0.65 % | Jul 11 |
| Stock Market | 9,280 | -0.74 % | Jul 11 |
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Economic News
Spain: Industrial production slows in May
July 5, 2019
Industrial production rose 1.4% year-on-year in seasonally- and calendar-adjusted terms in May, moderating from April’s 1.8% increase.
Spain: Composite PMI remains at five-and-a-half-year low in June
July 3, 2019
Reflecting diverging performances in the manufacturing and services sectors, the IHS Markit composite Purchasing Managers’ Index (PMI) remained at May’s five-and-a-half year low of 52.1 in June.
Spain: Current account deficit widens in April
June 28, 2019
Spain’s current account balance recorded a deficit of EUR 413 million in April, smaller than the EUR 1.3 billion shortfall recorded in April 2018 but much greater than the EUR 107 million deficit logged in March.
Spain: Retail sales growth hits seven-month high in May
June 28, 2019
Retail sales rose 3.1% in year-on-year terms in May, marking a seven-month high and following the softer 1.9% upturn logged in April.
Spain: Second estimate confirms robust growth in Q1
June 28, 2019
Economic activity accelerated at the start of the year, according to a second GDP estimate released by Spain’s Statistical Institute (INE) on 28 June.
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