Retail trade in Spain dropped 4.7 percent year-on-year in June 2020, following a downwardly revised 18.9 percent slump in the previous month, amid the easing of coronavirus lockdown restrictions. Sales of non-food products fell less (-2.2 percent vs -30.2 percent in May), of which personal equipment (-23.3 percent vs -59.4 percent) while household equipment (9.6 percent vs -23.7 percent). On the other hand, sales of food went down further (-2.3 percent vs -0.3 percent). On a seasonally adjusted monthly basis, retail sales went up 17.8 percent, after increasing an upwardly revised 19.4 percent in the prior month.
Retail Sales YoY in Spain averaged -0.20 percent from 2001 until 2020, reaching an all time high of 7 percent in October of 2015 and a record low of -31.50 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 August of 2020. source: National Statistics Institute (INE)
Retail Sales YoY in Spain is expected to be -6.20 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 12.00 in 12 months time. In the long-term, the Spain Retail Sales YoY is projected to trend around 5.60 percent in 2021 and 2.60 percent in 2022, according to our econometric models.