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Spain June retail sales rise 0.2 pct y/y - INE

Source: Reuters - Tue 29th Jul 2014
Spain June retail sales rise 0.2 pct y/y - INE

Spanish retail sales rose 0.2% year-on-year on a calendar-adjusted basis in June, the National Statistics Institute (INE) reported on Tuesday, down from a 0.5% increase a month earlier.

Sales have mostly fallen for more than 3 years amid sky-high unemployment, stagnated wages and tax hikes, but have now posted 3 consecutive months of growth.

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