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Published on Wednesday, July 27, 2016

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Spain | Retail sales suggest that consumption dynamism was maintained in 2Q16

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Summary

After correcting for each month's stationary variations, retail sales turnover recovered to a monthly 1,7% in June, which was more than expected. In the whole second quarter, the rise in sales stabilized at around 0,9%QoQ which anticipates a similar private consumption dynamism to that observed in the first quarter.

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