
Retail Sales Growth in March
According to the latest report from Spain's National Statistics Institute, the country's retail sector experienced a notable 3.6% increase in sales during March, after adjustments for calendar and seasonal variations.
Sector-Specific Performance
While the food retail segment saw a modest 0.5% growth, other sectors faced a slight decline of 0.7% on a monthly basis.
Yearly Comparison Highlights
On an annual basis, the adjusted retail sales surged by the same 3.6%, with nominal terms showing a 3.7% increase year-over-year, underscoring a robust recovery in consumer spending.
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