Spain's retail sales shrank by 0.9 percent from a year earlier in August of 2021, after a revised 0.1 percent decrease in the previous month. It was the biggest decline in retail activity since February, amid lower sales of non-food products (-2.8 percent), namely household equipment (-4.5 percent) and other goods (-2.5 percent). On the other hand, those of food went up (0.4 percent). On a seasonally adjusted monthly basis, retail sales dropped 0.2 percent, after a revised flat reading in the previous month. source: National Statistics Institute (INE)
Retail Sales YoY in Spain averaged -0.03 percent from 2001 until 2021, reaching an all time high of 40.50 percent in April of 2021 and a record low of -31 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 October of 2021.
Retail Sales YoY in Spain is expected to be 5.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. 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.