Spain's retail sales dropped 4.3 percent from a year earlier in November 2020, the largest decline since June, as fresh lockdown measures to curb the spread of the COVID-19 pandemic weighed on domestic demand. Non-food trade fell 6.8 percent (vs -3.0 percent in October) led by personal equipment (-31.8 percent vs -19.3 percent) and other goods (-2.5 percent vs -3.6 percent). source: National Statistics Institute (INE)
Retail Sales YoY in Spain averaged -0.27 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 January of 2021.
Retail Sales YoY in Spain is expected to be -3.20 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 5.70 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.