MADRID (dpa-AFX) - Spain's retail sales posted a slower growth in May, data released by the statistical office INE showed on Thursday.
Retail sales increased 0.2 percent on a yearly basis, slightly weaker than the 0.3 percent increase seen in April.
On an unadjusted basis, retail sales growth eased notably to 0.4 percent from 2.8 percent.
Month-on-month, retail sales logged a 0.6 percent fall, in contrast to the 0.8 percent gain in April.
Food sales decreased 0.8 percent on month and non-food product sales were down 0.3 percent.
Further, data showed that employment in retail trade increased 1.7 percent in May from the same period last year.
Copyright(c) 2024 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
© 2024 AFX News
