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