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7 months ago
Spain November retail sales rise 3.3 percent year-on-year - INE
December 28, 2016 / 8:21 AM / 7 months ago

Spain November retail sales rise 3.3 percent year-on-year - INE

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People walk past the El Corte Ingles department store in central Madrid, Spain, November 13, 2015.Andrea Comas

MADRID (Reuters) - Spanish retail sales rose 3.3 percent in November on a seasonally-adjusted basis from a year earlier, the fastest rate of growth in three months, the National Statistics Institute (INE) said on Wednesday.

November's figure compared to 2.1 percent growth in October, revised from 2.2 percent previously reported.

Retail sales have been rising for 28 straight months in Spain after the economy emerged from a prolonged recession in 2013.

Reporting by Paul Day; Editing by Inmaculada Sanz

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