Financial News: Spain Retail Sales Growth Eases

Spain Retail Sales Growth Eases

03/12/2025 - 04:48:00 (RTTNews)

(RTTNews) - Spain's retail sales logged a slower growth in January, data from the statistical office INE showed on Wednesday.

Retail sales expanded 2.2 percent on a yearly basis, slower than the 4.0 percent increase seen in December.

On a monthly basis, retail sales dropped 1.4 percent, in contrast to the 1.5 percent increase in December. Food sales fell 0.1 percent and non-food products were down 2.0 percent.

Further, data showed that employment in the retail sector dropped 1.7 percent from December but increased 1.4 percent from the last year.

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