Retail sales in Spain went up 2.9 percent year-on-year in November of 2019, the same as an upwardly revised 2.9 percent gain in October but slightly below market expectations of a 3 percent increase. Sales rose more for food (1.2 percent vs 1 percent in October) and rebounded for personal equipment (4.4 percent vs -0.1 percent) while sales slowed for other goods (3.4 percent vs 5.1 percent) and fell for household equipment (-0.9 percent vs 0.1 percent). On a monthly basis, retail sales went up 0.5 percent, following a downwardly revised 0.1 percent gain in October.
Retail Sales YoY in Spain averaged 0.07 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. 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. source: National Statistics Institute (INE)
Retail Sales YoY in Spain is expected to be 1.90 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 1.90 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.