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Spain retail sales post biggest rise in a year in Oct

Source: Reuters - Fri 28th Nov 2014
Spain retail sales post biggest rise in a year in Oct

Spanish retail sales rose 1.0% year-on-year on a calendar-adjusted basis in October, the biggest increase in 12 months after September's figure was revised downwards, according to data from the National Statistics Institute (INE) on Friday.

That follows a revised 0.8% increase in retail sales in September versus a rise of 1.1%.

Retail sales have grown six out of the past seven months after a three-year period when they mostly fell during a long-running economic downturn.

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