Spain EUR

Spain Retail Sales MoM

Info

History

Chart

Impact:

Low

Source: National Statistics Institute (INE)

Latest Release:

Date:

Surprise:

0.2%

Actual:

0.7%

Forecast: 0.5%

Previous/Revision:

Period: Apr

Next Release:

Date:

Period: May

What Does It Measure?

The Spain Retail Sales MoM measures the monthly change in the total value of retail sales in Spain, assessing consumer spending and demand in the economy. It focuses on the overall retail sector, including sales from food, clothing, and other goods, and is used as a key indicator of economic health and consumer confidence.

Frequency

The data is released monthly, typically published on the last working day after the reference month, and may include a preliminary estimate that is subject to subsequent revisions.

Why Do Traders Care?

Traders pay close attention to the Spain Retail Sales MoM as it serves as a real-time gauge of consumer behavior and economic activity, directly influencing currency valuations such as the EUR and impacting equity markets. Positive results can lead to bullish sentiments for the euro and stocks, while weaker figures may raise concerns about economic growth and result in bearish impacts.

What Is It Derived From?

Retail sales data are typically derived from a survey of retail businesses across various sectors, using a combination of sales data reports and statistical estimation methods. The sample includes a range of retail establishments, and the calculations are based on total sales figures adjusted for seasonal variations and inflation.

Description

The Spain Retail Sales MoM report compares sales data with the previous month, reflecting short-term fluctuations in consumer spending behavior. This month-over-month reporting approach is particularly useful for identifying immediate trends without the distortions that can arise from seasonal variations, making it a critical indicator for traders and analysts trying to assess economic momentum.

Additional Notes

The Spain Retail Sales MoM is considered a coincident economic indicator as it reflects current economic activity and consumer sentiment directly. It is often analyzed in relation to other economic indicators such as GDP growth, employment figures, and inflation statistics within both Spain and the broader Eurozone, providing context for economic conditions.

Bullish or Bearish for Currency and Stocks

Higher than expected: Bullish for EUR, Bullish for Stocks. Lower than expected: Bearish for EUR, Bearish 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
May 29, 2025	0.7%	0.5%	0%	0.2%
Apr 28, 2025	-0.2%	-0.4%	1.3%	0.2%
Mar 27, 2025	1.3%	0.5%	-1.2%	0.8%
Mar 12, 2025	-1.4%	-0.3%	1.5%	-1.1%
Jan 31, 2025	1.5%	0.6%	-0.7%	0.9%
Dec 27, 2024	-0.6%	-0.2%	0%	-0.4%
Nov 29, 2024	0%	-1.2%	1.1%	1.2%
Oct 28, 2024	1%	-0.6%	0.4%	1.6%
Sep 26, 2024	0.4%	-0.6%	0.5%	1%
Aug 30, 2024	0.5%	0.1%	0.4%	0.4%
Jul 26, 2024	0.3%	0.3%	-0.6%
Jun 27, 2024	-0.6%	0.1%	0.8%	-0.7%
May 29, 2024	0.8%	1%	-0.4%	-0.2%
Apr 26, 2024	-0.5%	0.6%	0.5%	-1.1%
Mar 27, 2024	0.5%	-0.1%	-0.4%	0.6%
Mar 11, 2024	-0.5%	0.5%	-1.1%	-1%
Jan 31, 2024	-0.7%	0.4%	0.8%	-1.1%
Dec 28, 2023	0.9%	0.5%	0%	0.4%
Nov 29, 2023	-0.2%	0.1%	0.1%	-0.3%
Oct 27, 2023	0.2%	0.1%	0.3%	0.1%
Sep 28, 2023	0.4%	0.1%	0.3%	0.3%
Aug 29, 2023	0.2%	0.2%	0.3%
Jul 27, 2023	0.3%	-0.1%	0.4%	0.4%
Jun 28, 2023	0.3%	-0.3%	0.9%	0.6%
May 30, 2023	0.9%	0.3%	0.7%	0.6%
Apr 27, 2023	0.5%	-0.5%	-0.2%	1%
Mar 30, 2023	-0.3%		0.4%
Mar 10, 2023	0.4%	1.1%	0.5%	-0.7%
Jan 30, 2023	-1.7%	0.6%	3.2%	-2.3%
Dec 29, 2022	3.8%	-0.4%	0.4%	4.2%
Nov 30, 2022	0.4%	-0.3%	0.3%	0.7%
Oct 31, 2022	0.2%	-0.9%	0.3%	1.1%
Sep 30, 2022	0.2%	0.2%	-0.7%
Aug 30, 2022	-0.7%	-0.2%	-0.3%	-0.5%
Jul 28, 2022	-0.1%	-0.3%	-0.1%	0.2%
Jun 29, 2022	0%	-1.2%	5.4%	1.2%
May 27, 2022	5.3%	2.1%	-4.3%	3.2%
Apr 29, 2022	-3.8%	-1.2%	0.7%	-2.6%
Mar 29, 2022	0.7%	3%	-0.3%	-2.3%
Mar 14, 2022	-0.3%	3.2%	-6.1%	-3.5%
Jan 31, 2022	-5.9%	-4.7%	5.6%	-1.2%
Dec 28, 2021	5.1%	0.2%	-0.1%	4.9%
Nov 30, 2021	-0.1%	0.1%	0.3%	-0.2%
Oct 29, 2021	0.3%	0.6%	-0.1%	-0.3%
Sep 30, 2021	-0.2%	-0.6%	0%	0.4%
Aug 30, 2021	0.1%	0.5%	0.1%	-0.4%
Jul 30, 2021	0.2%	0.5%	0%	-0.3%
Jun 29, 2021	0%	0.7%	-0.5%	-0.7%
May 28, 2021	-0.4%	1.2%	2.7%	-1.6%
Apr 30, 2021	3.5%	-3%	4.1%	6.5%
Mar 30, 2021	4.2%	5.6%	-7.6%	-1.4%
Mar 12, 2021	-7.6%	-4.6%	1.3%	-3%
Jan 29, 2021	1%	-0.6%	-0.5%	1.6%
Dec 28, 2020	-0.8%	0.9%	0.1%	-1.7%
Nov 27, 2020	0.2%	-1.6%	-0.3%	1.8%
Oct 28, 2020	-0.3%	-2.7%	1.4%	2.4%
Sep 29, 2020	1.8%	-0.7%	1.2%	2.5%
Aug 28, 2020	1.1%	3.6%	17.7%	-2.5%
Jul 29, 2020	17.8%	1.5%	19.4%	16.3%
Jun 26, 2020	19.3%	5.7%	-20.1%	13.6%
May 28, 2020	-20.4%	-22%	-15.5%	1.6%
Apr 29, 2020	-15.3%	-5.6%	0.3%	-9.7%
Mar 30, 2020	0.3%	0.5%	0.3%	-0.2%
Mar 11, 2020	0.3%	0.4%	-0.7%	-0.1%
Jan 29, 2020	-0.7%	0.2%	0.4%	-0.9%
Dec 27, 2019	0.5%	-0.3%	0.1%	0.8%
Nov 28, 2019	0%	-0.6%	0.1%	0.6%
Oct 29, 2019	0.1%	0.5%	0.2%	-0.4%
Sep 27, 2019	0.2%	-0.3%	0.2%	0.5%
Aug 30, 2019	0.2%	-0.4%	0.2%	0.6%
Jul 29, 2019	0.1%	-0.3%	0.8%	0.4%
Jun 28, 2019	0.7%	-0.3%	-0.3%	1%
May 30, 2019	-0.4%	-0.2%	0.3%	-0.2%
Apr 30, 2019	0.4%	-0.4%	0.4%	0.8%
Mar 29, 2019	0.3%	0.2%	0.3%	0.1%
Mar 11, 2019	0.3%	0.4%	-0.5%	-0.1%
Jan 30, 2019	-0.6%	0.3%	0.3%	-0.9%
Dec 27, 2018	0.4%	0.6%	1.1%	-0.2%
Nov 29, 2018	0.9%	-0.7%	-0.2%	1.6%
Oct 30, 2018	-0.4%	0.6%	0.2%	-1%
Oct 01, 2018	0.3%	-0.2%	-0.4%	0.5%
Aug 31, 2018	-0.4%	0.3%	0.2%	-0.7%
Jul 27, 2018	0.4%	0.5%	0%	-0.1%
Jun 28, 2018	-0.1%	0.1%	-0.4%	-0.2%
May 30, 2018	-0.3%	0.7%	0.3%	-1%
Apr 27, 2018	0.4%	-0.6%	0.2%	1%
Mar 28, 2018	0.1%	0.2%	0.3%	-0.1%
Mar 14, 2018	0.3%	0.2%	-0.6%	0.1%
Jan 29, 2018	-0.6%	0.4%	1.2%	-1%
Dec 27, 2017	1.3%	0.3%	-0.8%	1%
Nov 28, 2017	-1.1%	0.2%	0.1%	-1.3%
Oct 27, 2017	0.4%	0.4%	0.1%
Sep 28, 2017	0.1%	0.3%	-0.4%	-0.2%
Aug 31, 2017	-0.4%	-0.2%	0.5%	-0.2%
Jul 26, 2017	0.6%	-0.2%	0.4%	0.8%
Jun 28, 2017	0.3%	-0.2%	0.7%	0.5%
May 29, 2017	0.6%	-0.3%	0.8%	0.9%
Apr 28, 2017	0.6%	0.3%	0.4%	0.3%
Mar 31, 2017	0.2%	0.1%	-1.2%	0.1%
Mar 10, 2017	-1.1%	0.3%	-0.3%	-1.4%
Jan 27, 2017	0.1%	0.6%	0.4%	-0.5%
Dec 28, 2016	0.5%	-0.4%	-0.2%	0.9%
Nov 30, 2016	-0.1%	0.3%	0.4%	-0.4%
Oct 31, 2016	0.6%	0.5%	-0.9%	0.1%
Sep 29, 2016	-0.9%	-0.2%	0.6%	-0.7%
Aug 26, 2016	0.5%	-0.17%	1.7%	0.67%
Jul 27, 2016	1.7%	0.83%	-0.9%	0.87%
Jun 28, 2016	-0.9%	0.2%	0.5%	-1.1%
May 27, 2016	0.6%	0.25%	0.5%	0.35%
Apr 27, 2016	0.5%	0.28%	0%	0.22%
Mar 31, 2016	0.2%	0.17%	0.4%	0.03%
Mar 10, 2016	0.4%	0.39%	0.1%	0.01%
Jan 28, 2016	0.2%	0.65%	-0.6%	-0.45%
Dec 29, 2015	-0.5%	0.3%	0.5%	-0.8%
Nov 30, 2015	0.4%	0.2%	0.8%	0.2%
Oct 29, 2015	0.6%	0.7%	0.1%	-0.1%
Sep 29, 2015	0.1%	-0.14%	1.2%	0.24%
Aug 28, 2015	1.3%	0.83%	-0.8%	0.47%
Jul 29, 2015	-0.8%	0.44%	0%	-1.24%
Jun 29, 2015	0.1%	0.79%	1.3%	-0.69%
May 28, 2015	1.3%	0.94%	0.2%	0.36%