Spain | Expected decline of retail sales in May
Published on Tuesday, June 28, 2016
Spain | Expected decline of retail sales in May
Summary
Once corrected for the stationary variations of each month, retail sales turnoever was reduced by a monthly 0,9% in May. The rise in fuel and home equipment sales was enough to compensate the decline in the consumption of food and personal equipment goods.
Geographies
- Geography Tags
- Spain
Topics
- Topic Tags
- Macroeconomic Analysis
Tags
- Tags
- retail trade
Authors
Juan Ramón García
BBVA Research - Principal Economist