Economy

Spain's Retail Sector Sees a Significant 3.6% Surge in March, Marking a Strong Start to Spring

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.