Financial News: Spain Retail Sales Rise Most In 5 Months

Spain Retail Sales Rise Most In 5 Months

08/30/2024 - 08:06:00 (RTTNews)

(RTTNews) - Spain's retail sales grew at an accelerated pace in July compared to the previous four months, the statistical office INE reported on Friday.

Retail sales increased by a seasonally adjusted 1.0 percent yearly in July, faster than the 0.4 percent gain in June.

Sales have been rising since December 2022, and the latest growth was the quickest since February, when sales had risen 1.9 percent.

On an unadjusted basis, retail sales rebounded strongly by 2.8 percent versus a 1.4 percent fall in June, the flash data said.

Month-on-month, retail sales rose for the second straight month in July by 0.5 percent after rising 0.4 percent in June. Both food and non-food sales increased by 0.6 percent and 0.4 percent, respectively.

Data showed that employment in retail trade rose by 1.8 percent on a yearly basis.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Turkey Industrial Production Falls 3.9% (09 min(s), 29 sec(s) ago)
(RTTNews) - Turkey's industrial production declined for the second straight month in July, the ...Full Story»

Brazil Inflation Eases To 4.24% (37 min(s), 29 sec(s) ago)
(RTTNews) - Brazil's consumer price inflation eased for the first time in four months in Augus ...Full Story»

Hungary Inflation Eases To 3.4%, Lowest In 42 Months (01 hr(s), 43 min(s), 29 sec(s) ago)
(RTTNews) - Hungary's consumer price inflation slowed in August to the lowest level in three-a ...Full Story»

Austria Production Index Declines At Slower Pace (02 hr(s), 11 min(s), 29 sec(s) ago)
(RTTNews) - Austria's production index posted a slower decline in July, figures from Statistic ...Full Story»

Czech Inflation Steady At 2.2% (02 hr(s), 58 min(s), 29 sec(s) ago)
(RTTNews) - The Czech Republic's consumer price inflation held steady in August after rising i ...Full Story»

Norway Inflation Eases Unexpectedly, Producer Prices Rise Further (03 hr(s), 55 min(s), 29 sec(s) ago)
(RTTNews) - Norway's consumer price inflation eased somewhat in August, while producer prices ...Full Story»

Spain Industrial Output Falls For First Time In 4 Months (04 hr(s), 28 min(s), 29 sec(s) ago)
(RTTNews) - Spain's industrial production declined for the first time in four months in July d ...Full Story»

German Inflation Slows As Estimated (05 hr(s), 05 min(s), 29 sec(s) ago)
(RTTNews) - Germany's consumer price inflation weakened, as initially estimated, in August due ...Full Story»