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Spain June retail sales fall for 2 straight years

Tue 31st Jul 2012
Spain June retail sales fall for 2 straight years

Spanish retail sales fell by 5.2 percent year-on-year on a calendar-adjusted basis in June, official data showed on Tuesday after a fall of 4.9 percent in May, marking the 24th straight month of declining sales.

The figure beat analysts' expectations in a Reuters poll of a fall of 7.7 percent year on year.

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