Friday. 01.11.2024

Spain retail sales declined in December after recovering in the previous month, data published by the statistical office INE showed on Monday.

Retail sales decreased 2.3 per cent year-on-year, reversing a 5.1 per cent rise in the previous month.

On an unadjusted basis, retail sales declined 3.3 per cent after climbing 6.2 per cent in November.

Month-on-month, retail sales were down 5.9 per cent, in contrast to the 5.6 per cent increase in the previous month.

Food sales decreased 2.6 per cent, while non-food sales plunged 10 per cent.

Spain retail sales decline in December