Retail sales in Spain increased by 1.4% year-on-year in May of 2022, following an upwardly revised 1.6% rise in the previous month and slightly above market estimates of a 1.3% gain. Sales of non-food products went up 0.8%, as higher purchases of personal equipment (24.1%) more than offset declines in those of household equipment (-2.9%) and other goods (-1.3%). Meanwhile, sales of food decreased by 2%. On a monthly basis, retail sales were unchanged, following an upwardly revised 5.4% rise in the prior month. source: National Statistics Institute (INE)
Retail Sales YoY in Spain averaged -0.01 percent from 2001 until 2022, reaching an all time high of 40.50 percent in April of 2021 and a record low of -31.20 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 June of 2022.
Retail Sales YoY in Spain is expected to be 5.20 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 2023 and 2.60 percent in 2024, according to our econometric models.