Retail sales in Spain increased by 5.5% year-on-year in April 2023, easing from an upwardly revised 9.9% growth in the previous month and well above market forecasts of 0.7%. Sales rose at a softer pace for non-food products (14.3% vs 22.9% in March), particularly personal equipment (21.2% vs 29.4%) and other goods (11.1% vs 18.2%). At the same time, trade for home equipment dropped (-0.2% vs 0.8%). Meanwhile, spending for food products rebounded (1.6% vs -2.3%). On a monthly basis, retail sales advanced by 0.9%, after an upwardly revised 0.7% gain in March. source: National Statistics Institute (INE)

Retail Sales YoY in Spain averaged 0.11 percent from 2001 until 2023, reaching an all time high of 40.70 percent in April of 2021 and a record low of -31.30 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 2023.

Retail Sales YoY in Spain is expected to be 2.30 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 0.50 percent in 2024 and 0.60 percent in 2025, according to our econometric models.

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Spain Retail Sales YoY



Calendar GMT Actual Previous Consensus TEForecast
2023-04-27 07:00 AM Mar 9.5% 4.1% 5.5%
2023-05-30 07:00 AM Apr 5.5% 9.9% 0.7% 4.8%
2023-06-28 07:00 AM May 5.5%


Related Last Previous Unit Reference
Retail Sales MoM 0.90 0.70 percent Apr 2023
Retail Sales YoY 5.50 9.90 percent Apr 2023
Consumer Spending 190238.00 188241.00 EUR Million Mar 2023
Disposable Personal Income 270228.00 223903.00 EUR Million Dec 2022

Spain Retail Sales YoY
In Spain, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago.
Actual Previous Highest Lowest Dates Unit Frequency
5.50 9.90 40.70 -31.30 2001 - 2023 percent Monthly
Constant Prices, WDA

News Stream
Spain Retail Sales Growth Eases in April
Retail sales in Spain increased by 5.5% year-on-year in April 2023, easing from an upwardly revised 9.9% growth in the previous month and well above market forecasts of 0.7%. Sales rose at a softer pace for non-food products (14.3% vs 22.9% in March), particularly personal equipment (21.2% vs 29.4%) and other goods (11.1% vs 18.2%). At the same time, trade for home equipment dropped (-0.2% vs 0.8%). Meanwhile, spending for food products rebounded (1.6% vs -2.3%). On a monthly basis, retail sales advanced by 0.9%, after an upwardly revised 0.7% gain in March.
2023-05-30
Spain Retail Sales Growth at Near 2-Year High
Retail sales in Spain surged by 9.5% from a year earlier in March 2023, after an upwardly revised 4.1% rise in the prior month. It marks the fourth consecutive month of growth in Spanish retail activity and at the fastest pace since May 2021, mainly boosted by sales of non-food products (22.2%), notably personal equipment (+28.7%) and other products (+17.7%). On the other hand, spending on food declined (-2.4%). On a monthly basis, retail sales increased 0.5% in March, following a downwardly revised 0.2% fall in the previous month.
2023-04-27
Spain Retail Sales Growth Ease in March
Retail sales in Spain eased to 4% year-on-year in February 2023 from a near two-year high of 5.5% increase in the previous month. It was the third consecutive month of retail sales growth, but the smallest in the sequence, as trade of non-food products grew at a slower pace (9% vs 15.1% in January), due to the slowdown in sales for personal equipment (14.9%vs 23%) and other goods (5.7% vs 11.1%). At the same time, retail activity declined further for food products (-2.2% vs -1.4%). On a monthly basis, retail sales decreased 0.3%, the first drop since July 2022.
2023-03-30