Spain's retail sales decreased 1.5 percent from a year earlier in December of 2020, the smallest decline in the current ten-month sequence of falls and following a downwardly revised 3.9 percent drop in November. Non-food trade fell 3.3 percent led by personal equipment (-17.9 percent). Meantime, food sales rose 3.1 percent. On a monthly basis, retail trade advanced 1 percent, rebounding from a 0.5 percent drop in November. source: National Statistics Institute (INE)
Retail Sales YoY in Spain averaged -0.28 percent from 2001 until 2020, reaching an all time high of 6.80 percent in December of 2003 and a record low of -31.70 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 March of 2021.
Retail Sales YoY in Spain is expected to be 8.50 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 5.60 in 12 months time. In the long-term, the Spain Retail Sales YoY is projected to trend around 2.60 percent in 2022, according to our econometric models.