Spain | Retail sales suggest that consumption dynamism was maintained in 2Q16
Published on Wednesday, July 27, 2016
Spain | Retail sales suggest that consumption dynamism was maintained in 2Q16
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.
Geographies
- Geography Tags
- Spain
Topics
- Topic Tags
- Macroeconomic Analysis
Tags
- Tags
- retail trade
Authors
Juan Ramón García
BBVA Research - Principal Economist
Documents and files
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