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.

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Spain Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
2.90 2.90 6.80 -11.40 2001 - 2019 percent Monthly
SA, WDA, Constant Prices

Calendar GMT Actual Previous Consensus TEForecast
2019-09-27 07:00 AM Aug 3.2% 3.3% 2.8% 2.4%
2019-10-29 08:00 AM Sep 3.4% 3.3% 3.2% 2.7%
2019-11-28 08:00 AM Oct 2.6% 3.4% 3.3% 2.8%
2019-12-27 08:00 AM Nov 2.9% 2.9% 3% 2.8%
2020-01-29 08:00 AM Dec 2.9% 2.2% 1.9%


News Stream
2019-11-28
Spain Retail Sales Slow in October
Retail sales in Spain went up 2.6 percent year-on-year in October of 2019, below a 3.4 percent increase in September and market expectations of a 3.3 percent gain. Yet, it is the smallest annual rise in sales in four months amid a slowdown in sales of food (1 percent vs 1.2 percent in September), household equipment (0.1 percent vs 2.1 percent) and other goods (4.9 percent vs 5.6 percent) and a fall in sales of personal equipment (-0.8 percent vs 5 percent). On a monthly basis, retail sales were flat after a 0.1 percent rise in September.

2019-10-29
Spain Retail Trade Growth Slightly Above Forecast
Spain's retail trade grew 3.4 percent from a year earlier in September 2019, following a revised 3.3 percent increase in the previous month and slightly beating market expectations of 3.2 percent. Non-food sales rose at a faster pace (6.6 percent vs 4.7 percent), boosted mainly by personal equipment (5.1 percent vs 2.4 percent) and other goods (5.8 percent vs 4.3 percent). Meanwhile, food trade growth eased to 1.2 percent from 1.7 percent. On a monthly basis, retail sales edged up 0.1 percent in September, after a 0.2 percent gain in August.

2019-09-27
Spain Retail Sales Rise More than Expected
Spain's retail trade increased 3.2 percent from a year earlier in August 2019, easing from an upwardly revised 3.3 percent rise in the previous month but beating market expectations of a 2.8 percent gain. Sales of food went up 1.7 percent, the same pace as in July while those of non-food products advanced 4.5 percent (vs 4.1 percent in July). Within non-food items, sales rose further for personal equipment (2.4 percent vs 2.2 percent); and other goods (4.1 percent vs 4 percent). On the other hand, sales of household equipment slowed (2.3 percent vs 2.7 percent), On a monthly basis, retail trade went up 0.2 percent, the same pace as in the prior month.

2019-08-30
Spain Retail Sales Rise at Faster Pace
Spain's retail trade rose 3.2 percent from a year earlier in July 2019, following an upwardly revised 2.5 percent growth in the previous month, boosted by sales of food (1.3 percent vs 1.1 percent) and non-food products (4.0 percent vs 3.2 percent). Within non-food items, sales rose for personal equipment (2 percent, the same as in June); household equipment (2.9 percent vs 2.6 percent), and other goods (3.9 percent vs 2.8 percent). On a monthly basis, retail trade rose 0.2 percent in July, the same pace as in June.


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.