Latest News

Spain Retail Sales Rebound In February

0

Read more

Spain’s retail sales rose for the first time in three months in February, driven by increased demand for household equipment, preliminary data from the statistical office INE showed Tuesday.
Retail sales rose a seasonally and calendar-adjusted 0.7 percent month-on-month in February following a 0.3 percent fall in January. In December, sales slumped 5.7 percent.
Excluding service stations, the retail sales index rose 0.9 percent monthly in February.
Sales of food decreased 0.1 percent, while those of non-food products increased 1.6 percent. Within the latter group, sales of household equipment increased the most, up 6.1 percent.
In February, the retail sales index rose 0.9 percent year-on-year following a 4.1 percent increase in February. Sales grew for a second straight month.
Without adjustments, retail sales grew 1.7 percent after a 3.5 percent increase in the previous month.

Employment in the retail trade sector increased 2.6 percent year-on-year, which was slower than January’s growth. Job creation in the service stations rose 3.2 percent.

*Iceland Mar Inflation 6.7% Vs. 6.2% In February

Previous article

The SEC has charged 7 Silicon Valley residents with participating in a $1M insider trading scheme involving Twilio shares

Next article

You may also like

Comments

Leave a reply

Your email address will not be published.

More in Latest News