Retail Sales Growth in Spain

In a positive turn for Spain's economy, calendar and seasonally adjusted retail sales experienced a 1.3% increase in February compared to the previous month, as reported by the National Statistics Institute on Thursday.

Sector-Wise Performance

Food retail sales saw a modest rise of 0.6%, whereas other products retail trade witnessed a more significant jump of 1.6% on a monthly basis.

Annual Growth Highlights

On an annual basis, the calendar and seasonally adjusted retail sales surged by an impressive 3.6%. In nominal terms, there was a 0.8% year-over-year increase in retail sales, underscoring the sector's steady growth.