Spain | Retail sales grew in February for the third month in a row
Published on Thursday, March 31, 2016 | Updated on Thursday, March 31, 2016
Spain | Retail sales grew in February for the third month in a row
Summary
Once corrected for the stationary variations of each month, real retail sales in February grew by 0.2% in respect to January, slightly more than expected, boosted by the upturn in service station sales. Sales could grow by 0.6% QoQ in 1Q16, 3 decimal points lower than in the previous quarter.
Geographies
- Geography Tags
- Spain
Topics
- Topic Tags
- Macroeconomic Analysis
Tags
- Tags
- Retail trade
Authors
Juan Ramón García
BBVA Research - Principal Economist