Spain Retail Sales YoY

Info

History

Chart

Impact:

Low

Source: National Statistics Institute (INE)

Latest Release:

Date:

Surprise:

0.9%

Actual:

4.8%

Forecast: 3.9%

Previous/Revision:

4.1%

Period: May

Next Release:

Date:

Forecast: 3.4%

Period: Jun

What Does It Measure?

The Spain Retail Sales YoY measures the annual percentage change in the total sales value of retail items in Spain, which explicitly assesses consumer spending patterns and demand in the retail sector. It focuses on key areas including consumption dynamics, economic health, and inflationary pressures on goods sold, with significant indicators being the total retail sales values and their year-over-year changes.

Frequency

This report is released monthly, typically presenting preliminary estimates within a few weeks after the reporting month concludes.

Why Do Traders Care?

Traders focus on this indicator because retail sales data is a vital gauge of consumer confidence and economic activity; stronger-than-expected sales indicate robust economic growth, which can lead to bullish sentiments for equities and the Euro, while disappointing figures might suggest economic contraction, leading to bearish outcomes for these assets.

What Is It Derived From?

The Spain Retail Sales YoY is derived from comprehensive surveys of a diverse range of retail businesses that track the sales of goods, thus reflecting the overall consumption patterns in the economy; it employs a systematic approach to collate data on retail transactions, ensuring a representative sample of the sector.

Description

The report presents retail sales data on a year-over-year basis, which is instrumental in eliminating seasonal fluctuations and gives a clearer view of long-term trends in consumer spending patterns. The YoY measure is preferred as it facilitates a more meaningful comparison over time, allowing traders to identify significant changes in economic activities relative to the previous year's performance.

Additional Notes

Retail Sales YoY serves primarily as a coincident economic indicator, providing immediate insight into consumer spending trends that correlate closely with overall economic performance. It also serves as a crucial metric for assessing regional economic health within Europe, compared to similar reports from other countries.

Bullish or Bearish for Currency and Stocks

Higher than expected: Bullish for EUR, Bullish for Stocks.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number	Better than forecast for the currency (or previous revise better)
Red Number	Worse than forecast for the currency (or previous revise better)
Hawkish	Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish	Favors lower rates to boost growth, weakening the currency but lifting stocks.

Date	Actual	Forecast	Previous	Surprise
Jun 27, 2025	4.8%	3.9%	4.1%	0.9%
May 29, 2025	4%	3.6%	3.8%	0.4%
Apr 28, 2025	3.6%	3.6%	3.6%
Mar 27, 2025	3.6%	1%	2.3%	2.6%
Mar 12, 2025	2.2%	3.2%	4%	-1%
Jan 31, 2025	4%	0.5%	0.9%	3.5%
Dec 27, 2024	1%	2.8%	3.4%	-1.8%
Nov 29, 2024	3.5%	3.7%	4.2%	-0.2%
Oct 28, 2024	4.1%	1.5%	2.4%	2.6%
Sep 26, 2024	2.3%	1.9%	1.1%	0.4%
Aug 30, 2024	1%	0.5%	0.4%	0.5%
Jul 26, 2024	0.3%	1.5%	0.2%	-1.2%
Jun 27, 2024	0.2%	1%	0.3%	-0.8%
May 29, 2024	0.3%	1.1%	0.9%	-0.8%
Apr 26, 2024	0.6%	0.8%	1.8%	-0.2%
Mar 27, 2024	1.9%	2%	0.5%	-0.1%
Mar 11, 2024	0.3%	3.7%	2.7%	-3.4%
Jan 31, 2024	3.1%	4.1%	5%	-1%
Dec 28, 2023	5.2%	5.5%	5.3%	-0.3%
Nov 29, 2023	5%	5.7%	6.3%	-0.7%
Oct 27, 2023	6.5%	6.8%	7.1%	-0.3%
Sep 28, 2023	7.2%	7.7%	7.3%	-0.5%
Aug 29, 2023	7.3%	7.1%	6.5%	0.2%
Jul 27, 2023	6.4%	7.5%	6.1%	-1.1%
Jun 28, 2023	6%	0.6%	5.7%	5.4%
May 30, 2023	5.5%	0.7%	9.9%	4.8%
Apr 27, 2023	9.5%	5.5%	4.1%	4%
Mar 30, 2023	4%		5.5%
Mar 10, 2023	5.5%	0.5%	4.8%	5%
Jan 30, 2023	4%	1.4%	-0.5%	2.6%
Dec 29, 2022	-0.6%	-5.7%	1%	5.1%
Nov 30, 2022	1%	-0.3%	0.4%	1.3%
Oct 31, 2022	0.1%	-1.1%	0.1%	1.2%
Sep 30, 2022	0%	0.4%	-0.5%	-0.4%
Aug 30, 2022	-0.5%	0.3%	0.7%	-0.8%
Jul 28, 2022	1%	1%	1.3%
Jun 29, 2022	1.4%	1.3%	1.6%	0.1%
May 27, 2022	1.5%	-1.9%	-4.1%	3.4%
Apr 29, 2022	-4.2%	-0.3%	0.9%	-3.9%
Mar 29, 2022	0.9%	4.5%	4.1%	-3.6%
Mar 14, 2022	4%	1.5%	-2.4%	2.5%
Jan 31, 2022	-2.3%	3.3%	5.1%	-5.6%
Dec 28, 2021	4.9%	1%	-0.7%	3.9%
Nov 30, 2021	-0.7%	0.8%	-0.1%	-1.5%
Oct 29, 2021	-0.1%	1.7%	-0.7%	-1.8%
Sep 30, 2021	-0.9%	0.9%	-0.1%	-1.8%
Aug 30, 2021	0.1%	3.8%	1.4%	-3.7%
Jul 30, 2021	1.4%	12%	19.6%	-10.6%
Jun 29, 2021	19.6%	25%	40.5%	-5.4%
May 28, 2021	41%	36%	14.3%	5%
Apr 30, 2021	14.9%	-6.6%	-6.1%	21.5%
Mar 30, 2021	-5.9%	-4.2%	-9.4%	-1.7%
Mar 12, 2021	-9.5%	-6%	-1.5%	-3.5%
Jan 29, 2021	-1.5%	-4.8%	-3.9%	3.3%
Dec 28, 2020	-4.3%	-1.2%	-3%	-3.1%
Nov 27, 2020	-2.7%	-4.4%	-3.3%	1.7%
Oct 28, 2020	-3.3%	-4.3%	-2.9%	1%
Sep 29, 2020	-2.4%	-4.6%	-3.9%	2.2%
Aug 28, 2020	-3.9%	-1.7%	-4.7%	-2.2%
Jul 29, 2020	-4.7%	-14%	-18.9%	9.3%
Jun 26, 2020	-19%	-17.6%	-31.6%	-1.4%
May 28, 2020	-31.6%	-26%	-14.2%	-5.6%
Apr 29, 2020	-14.1%	-3%	1.8%	-11.1%
Mar 30, 2020	1.8%	2.2%	1.7%	-0.4%
Mar 11, 2020	1.7%	2%	1.8%	-0.3%
Jan 29, 2020	1.7%	2.2%	2.5%	-0.5%
Dec 27, 2019	2.9%	3%	2.9%	-0.1%
Nov 28, 2019	2.6%	3.3%	3.4%	-0.7%
Oct 29, 2019	3.4%	3.2%	3.3%	0.2%
Sep 27, 2019	3.2%	2.8%	3.3%	0.4%
Aug 30, 2019	3.2%	1.9%	2.5%	1.3%
Jul 29, 2019	2.4%	1.7%	2.6%	0.7%
Jun 28, 2019	2.4%	0.7%	1.3%	1.7%
May 30, 2019	1.1%	1.5%	1.4%	-0.4%
Apr 30, 2019	1.7%	0.8%	1.4%	0.9%
Mar 29, 2019	1.2%	1.2%	0.9%
Mar 11, 2019	0.8%	0.9%	0.6%	-0.1%
Jan 30, 2019	0.8%	2.1%	1.1%	-1.3%
Dec 27, 2018	1.4%	2.9%	2.1%	-1.5%
Nov 29, 2018	1.8%	-1.4%	-0.4%	3.2%
Oct 30, 2018	-0.9%	0.5%	0.1%	-1.4%
Oct 01, 2018	0.3%	-0.9%	-0.5%	1.2%
Aug 31, 2018	-0.4%	1.5%	-0.1%	-1.9%
Jul 27, 2018	0.1%	1.1%	-0.1%	-1%
Jun 28, 2018	-0.3%	1.5%	0.3%	-1.8%
May 30, 2018	0.5%	1.4%	1.6%	-0.9%
Apr 27, 2018	1.9%	1.5%	2%	0.4%
Mar 28, 2018	1.9%	1.5%	2.2%	0.4%
Mar 14, 2018	2.2%	1.5%	0.6%	0.7%
Jan 29, 2018	1.2%	2%	1.9%	-0.8%
Dec 27, 2017	2%	0.6%	0.3%	1.4%
Nov 28, 2017	-0.1%	2%	1.6%	-2.1%
Oct 27, 2017	2.1%	2%	1.7%	0.1%
Sep 28, 2017	1.6%	2.4%	1.2%	-0.8%
Aug 31, 2017	1.1%	2.4%	2.3%	-1.3%
Jul 26, 2017	2.5%	1.2%	2.8%	1.3%
Jun 28, 2017	2.4%	1.9%	1.9%	0.5%
May 29, 2017	1.8%	1.5%	1.3%	0.3%
Apr 28, 2017	0.9%	0.7%	0%	0.2%
Mar 31, 2017	0%	3.6%	-0.1%	-3.6%
Mar 10, 2017	0.1%	2.5%	2.1%	-2.4%
Jan 27, 2017	2.9%	3.3%	3.2%	-0.4%
Dec 28, 2016	3.3%	2.69%	2.1%	0.61%
Nov 30, 2016	2.2%	2.9%	3.1%	-0.7%
Oct 31, 2016	3.2%	2.8%	3.3%	0.4%
Sep 29, 2016	3.4%	4.7%	5.1%	-1.3%
Aug 26, 2016	4.9%	4%	5.7%	0.9%
Jul 27, 2016	5.6%	3.3%	2.3%	2.3%
Jun 28, 2016	2.3%	3.8%	4%	-1.5%
May 27, 2016	4.1%	3.9%	4.2%	0.2%
Apr 27, 2016	4.4%	3.12%	4.1%	1.28%
Mar 31, 2016	3.9%	4%	3.3%	-0.1%
Mar 10, 2016	3.3%	2.9%	2.7%	0.4%
Jan 28, 2016	2.2%	3%	3.2%	-0.8%
Dec 29, 2015	3.3%	4.6%	6%	-1.3%
Nov 30, 2015	5.8%	3.86%	4.7%	1.94%
Oct 29, 2015	4.3%	3.5%	3%	0.8%
Sep 29, 2015	3.1%	3.3%	4%	-0.2%
Aug 28, 2015	4.1%	0.9%	2.4%	3.2%
Jul 29, 2015	2.3%	3.3%	3.1%	-1%
Jun 29, 2015	3.4%	3.73%	3.9%	-0.33%
May 28, 2015	4%	2.37%	3.2%	1.63%