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Spain November retail sales rise 3.3 percent year-on-year - INE

Source: Reuters - Wed 28th Dec 2016
Spain November retail sales rise 3.3 percent year-on-year - INE

Spanish retail sales rose 3.3% in November on a seasonally-adjusted basis from a year earlier, the fastest rate of growth in 3 months, the National Statistics Institute (INE) said on Wednesday.

November's figure compared to 2.1% growth in October, revised from 2.2% previously reported.

Retail sales have been rising for 28 straight months in Spain after the economy emerged from a prolonged recession in 2013.

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