Published on Thursday, March 31, 2016 | Updated on Thursday, March 31, 2016

Spain | Retail sales grew in February for the third month in a row

Summary

Once corrected for the stationary variations of each month, real retail sales in February grew by 0.2% in respect to January, slightly more than expected, boosted by the upturn in service station sales. Sales could grow by 0.6% QoQ in 1Q16, 3 decimal points lower than in the previous quarter.

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Juan Ramón García BBVA Research - Principal Economist

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comercio_por_menor_feb16

Spanish - March 31, 2016

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