Retail Sales in Spain

Spain Retail Sales | Economic News & Forecasts

Spain - Retail Sales

Retail sales notch quickest growth since May in October

Retail sales grew 1.4% year on year in October (September: +0.6% yoy). The print marked the best reading since May. The reading reflected a broad-based improvement, with activity in the large chain stores, single retail stores and small chain stores sub-sectors all improving in October.

On a seasonally and calendar adjusted monthly basis, retail sales rose at a quicker rate of 0.4% in October (September: +0.3% mom). Meanwhile, annual average retail sales growth rose to 0.6% in October (September: +0.3%). This signals an improving trend in the retail trade sector.

FocusEconomics Consensus Forecast panelists see private consumption growing 0.8% in 2023 and 2.0% in 2024.

Spain - Retail Sales Data

2015   2016   2017   2018   2019  
Retail Sales (annual variation in %)4.2  3.9  0.7  0.8  2.4  

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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

Value Change Date
Bond Yield0.465.62 %Dec 31
Exchange Rate1.120.65 %Dec 31

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