Retail sales in Spain increased 2.4 percent year-on-year in May 2019, following an upwardly revised 1.3 percent rise in the previous month and beating market consensus of a 0.7 percent gain. It was the largest increase in retail trade since October last year, as sales of personal equipment rebounded (3.5 percent compared to -0.3 percent in April). Also, sales advanced further for food (1.6 percent compared to 1.4 percent) and other goods (3.5 percent compared to 0.7 percent). Meanwhile, sales of household equipment rose at a softer pace (2.6 percent compared to 3.0 percent). On a monthly basis, retail sales went up 0.7 percent, rebounding from a downwardly revised 0.3 percent fall in the prior month. Retail Sales YoY in Spain averaged -0.01 percent from 2001 until 2019, reaching an all time high of 6.80 percent in December of 2003 and a record low of -11.40 percent in September of 2012.

Retail Sales YoY in Spain is expected to be 0.70 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 1.20 in 12 months time. In the long-term, the Spain Retail Sales YoY is projected to trend around 2.20 percent in 2020, according to our econometric models.

Spain Retail Sales YoY
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Calendar GMT Actual Previous Consensus TEForecast
2019-03-29 08:00 AM Retail Sales YoY Feb 1.2% 0.9% 1.2%
2019-04-30 07:00 AM Retail Sales YoY Mar 1.7% 1.4% 0.8% 1.1%
2019-05-30 07:00 AM Retail Sales YoY Apr 1.1% 1.4% 1.5%
2019-06-28 07:00 AM Retail Sales YoY May 2.4% 1.3% 0.7% 0.5%
2019-07-29 07:00 AM Retail Sales YoY Jun 2.4% 0.7%
2019-08-30 07:00 AM Retail Sales YoY Jul
2019-09-27 07:00 AM Retail Sales YoY Aug


Spain Consumer Last Previous Highest Lowest Unit
Consumer Confidence 102.30 96.90 108.80 37.60 Index Points [+]
Retail Sales MoM 0.70 -0.30 4.00 -8.10 percent [+]
Retail Sales YoY 2.40 1.30 6.80 -11.40 percent [+]
Consumer Spending 173667.00 173459.00 173667.00 67275.00 EUR Million [+]
Disposable Personal Income 203397.00 234005.00 234005.00 103970.00 EUR Million [+]
Personal Savings -4.52 10.17 20.01 -5.37 percent [+]
Consumer Credit 646754555.00 646845146.00 821459799.00 79332126.00 EUR Thousand [+]
Private Sector Credit 1175567.00 1170392.00 1871339.00 1766.22 EUR Million [+]
Bank Lending Rate 1.45 1.05 6.29 0.94 percent [+]
Households Debt To GDP 58.90 59.50 85.10 22.80 percent of GDP [+]
Households Debt To Income 100.42 103.09 134.00 68.90 percent [+]
Gasoline Prices 1.53 1.55 2.00 0.73 USD/Liter [+]


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. 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 - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2.40 1.30 6.80 -11.40 2001 - 2019 percent Monthly
SA




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