Spain's retail sales dropped 2.4 percent from a year earlier in August 2020, easing from a 3.9 percent slump in the previous month and a record 31.6 percent plunge seen in April, when the country was under strict lockdown measures to curb the spread of the pandemic. Sales were down for both food (-2.9 percent vs -2.5 percent in July) and non-food products (-1.7 percent vs -3.1 percent). Within non-food, personal equipment trade tumbled 20.3 percent (vs -22.0 percent in July) and other goods sales edged 0.3 percent lower (-0.7 percent in July). At the same time, household equipment trade jumped 12.6 percent, compared to 6.6 percent in July. On a seasonally adjusted basis, retail sales rose 1.8 percent in August, the fourth consecutive month of growth.

Retail Sales YoY in Spain averaged -0.23 percent from 2001 until 2020, reaching an all time high of 6.80 percent in December of 2003 and a record low of -31.60 percent in April of 2020. This page provides the latest reported value for - Spain Retail Sales YoY - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Spain Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020. source: National Statistics Institute (INE)

Retail Sales YoY in Spain is expected to be -4.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales YoY in Spain to stand at 12.00 in 12 months time. In the long-term, the Spain Retail Sales YoY is projected to trend around 5.60 percent in 2021 and 2.60 percent in 2022, according to our econometric models.

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Spain Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
-2.40 -3.90 6.80 -31.60 2001 - 2020 percent Monthly
SA, WDA, Constant Prices


Calendar GMT Actual Previous Consensus TEForecast
2020-06-26 07:00 AM May -19% -31.6% -17.6% -18.8%
2020-07-29 07:00 AM Jun -4.7% -18.9% -14%
2020-08-28 07:00 AM Jul -3.9% -4.7% -1.7%
2020-09-29 07:00 AM Aug -2.4% -3.9% -4.6%
2020-10-28 08:00 AM Sep -2.4% -4.3%
2020-11-27 08:00 AM Oct
2020-12-28 08:00 AM Nov
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Spain Retail Sales Fall at Slower Pace
Spain's retail sales dropped 2.4 percent from a year earlier in August 2020, easing from a 3.9 percent slump in the previous month and a record 31.6 percent plunge seen in April, when the country was under strict lockdown measures to curb the spread of the pandemic. Sales were down for both food (-2.9 percent vs -2.5 percent in July) and non-food products (-1.7 percent vs -3.1 percent). Within non-food, personal equipment trade tumbled 20.3 percent (vs -22.0 percent in July) and other goods sales edged 0.3 percent lower (-0.7 percent in July). At the same time, household equipment trade jumped 12.6 percent, compared to 6.6 percent in July. On a seasonally adjusted basis, retail sales rose 1.8 percent in August, the fourth consecutive month of growth.
2020-09-29
Spain Retail Trade Shrinks Less in July
Retail trade in Spain fell 3.9 percent from a year earlier in July of 2020, following a 4.7 percent slump in the previous month. It was the fifth consecutive month of declines in retail activity but at the softest pace in the current sequence, helped by the easing of Covid-19 related restrictions. Sales decreased less for food (-1.4 percent vs -2.7 percent in June), but those of non-food products fell further (-3.5 percent vs -2.4 percent), led by personal equipment (-21.9 percent vs -23.5 percent). On a seasonally adjusted monthly basis, retail sales increased 1.1 percent, after jumping 17.7 percent in the preceding month.
2020-08-28
Spain Retail Sales Fall at a Softer Pace in June
Retail trade in Spain dropped 4.7 percent year-on-year in June 2020, following a downwardly revised 18.9 percent slump in the previous month, amid the easing of coronavirus lockdown restrictions. Sales of non-food products fell less (-2.2 percent vs -30.2 percent in May), of which personal equipment (-23.3 percent vs -59.4 percent) while household equipment (9.6 percent vs -23.7 percent). On the other hand, sales of food went down further (-2.3 percent vs -0.3 percent). On a seasonally adjusted monthly basis, retail sales went up 17.8 percent, after increasing an upwardly revised 19.4 percent in the prior month.
2020-07-29
Spain Retail Sales Plummet at Softer Pace in May
Retail trade in Spain fell 19 percent year-on-year in May of 2020, following a record 31.6 percent plunge in April, helped by the easing of Covid-19 lockdown restrictions. Sales decreased less for food (-0.3 percent vs -0.8 percent in April) and non-food products (-30.4 percent vs -53.2 percent), namely personal equipment (-59.1 percent vs -81.4 percent) and household equipment (-23.3 percent vs -59.4 percent). On a seasonally adjusted monthly basis, retail sales surged 19.3 percent, recovering substantially from a downwardly revised 20.1 percent decline in the previous month.
2020-06-26

Spain Retail Sales YoY
In Spain, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago.