Spain, retail trade slows down in August

German retail sales fall more than expected in July

(Finance) – Retail trade slows down slightly in Spain in August. According to the latest survey of theSpanish National Institute of Statistics (INE)retail sales recorded growth of 7.2% year-on-year following the +7.3% reported in July.

On a monthly basis it recorded a positive change of 0.4%.

The raw series (not seasonally adjusted) recorded an increase of 7% from 7.7% on the previous year.

(Photo: Dimitris Vetsikas / Pixabay)

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