✉news BusinessRetail first seen 14 h ago, last 13 h ago, peak #21
Spanish retail sales fall for second month
Retail sales in Spain have declined for the second consecutive month, according to a report carried by Yahoo Finance. The drop points to weakening consumer spending in one of the eurozone's larger economies. Details on the size of the decline or its causes were not provided, though high inflation and squeezed household budgets are commonly cited pressures on Spanish shoppers.
Why now: Concerns about weakening consumer demand in Spain's economy amid cost-of-living pressures
Evidence
- Spanish retail sales fall for second month · Yahoo Finance
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