Spain Retail Sales (YoY) climbed from previous 2.9% to 4% in January

AI Briefing

• – Retail sales in Spain increased by 0.1 percentage points from the previous month to 4% in January, up from 2.9% in December.
• – The data suggests a moderate recovery in consumer spending after a slowdown in 2022.
• – The increase is a sign of a strengthening economy in Spain.