Spain Retail Sales Continue To Decline In September

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Spain retail sales continued to decline in September, data released by the statistical office INE showed on Wednesday.

Sales adjusted for calendar effects declined 3.3 percent on a yearly basis, bigger than the 2.9 percent drop a month ago.

On an unadjusted basis, retail sales were down 2.1 percent versus a 4.7 percent fall in the previous month.

Month-on-month, retail sales dropped 0.3 percent, in contrast to the 1.4 percent increase in August.

Food sales remained unchanged on month, while non-food product sales declined 0.6 percent in September.



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