Retail sales in Spain fell 5.9 percent year-on-year in February of 2021, following a 9.4 percent drop in January, marking the 12th consecutive month of falling retail sales due to the coronavirus pandemic. Biggest decreases were seen in sales of personal equipment (-28.5 percent) and at gasoline stations (-15.2 percent). On a monthly basis, retail sales surged 4.2 percent, following a 7.6 percent fall in the previous month. source: National Statistics Institute (INE)
Retail Sales YoY in Spain averaged -0.34 percent from 2001 until 2021, reaching an all time high of 6.80 percent in December of 2003 and a record low of -31.30 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 April of 2021.
Retail Sales YoY in Spain is expected to be 8.50 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 5.60 in 12 months time. In the long-term, the Spain Retail Sales YoY is projected to trend around 3.40 percent in 2022 and 2.60 percent in 2023, according to our econometric models.