Published on Tuesday, July 29, 2014 | Updated on Thursday, August 7, 2014
Spain: lower retail sales in June do not tarnish the overall positive figures for the second quarter
Summary
Increasing expenditure in service stations and in household appliances did not prevent real retail sales from decreasing by 0.7% in seasonally-adjusted terms during June. From April to June, growth in the sector´s turnover accelerated, suggesting another rise in household consumption in 2Q14.
Geographies
- Geography Tags
- Spain
Topics
- Topic Tags
- Macroeconomic Analysis
- Consumption
Tags
- Tags
- Retail sales
- Retail trade
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Authors
BR
BBVA Research
BBVA Research