Stock Groups

Spain retail sales rise 1.5% y/y in April -Breaking

[ad_1]

© Reuters. After leaving a central Madrid clothing shop, a shopper holds several bags. This was April 28th, 2022. REUTERS/Susana Vera

(Reuters] – Spanish retail sales rose 1.5% to April from a previous year on a seasonal and calendar-adjusted base, following a fall of 4.1% in March.

This growth was compared to the 1.9% expected contraction by economists polled at Reuters.

The March number was adjusted from a 4.2% contraction that was released in the previous month, INE stated.

(This article corrects paragraph 2, to indicate that Reuters poll predicted a 1.9% contraction and not an increase.

[ad_2]