Join our community of traders FOR FREE!

  • Learn
  • Improve yourself
  • Get Rewards
Learn More

Retail sales in Spain have increased 1% year-on-year in November, after a revised down 3.4% surge in October, data by the National Statistics Institute showed.

The latest figure pointed to the slowest retail sales growth since June and it also fell short of market consensus of a 2.8% growth.

Sales of both food (1.5% YoY versus 2.2% YoY in October) and non-food products (1.2% YoY versus 5.9% YoY in October) grew at a slower pace.

In monthly terms, retail sales went down 0.6% in November, after being flat in October.

The EUR/USD currency pair settled with no change at 1.0420 on Friday. For the week, the major currency pair went down 0.08%, as it extended the losses from the prior three weeks.

TradingPedia.com is a financial media specialized in providing daily news and education covering Forex, equities and commodities. Our academies for traders cover Forex, Price Action and Social Trading.

Related News

  • Forex Market: AUD/USD daily trading outlookForex Market: AUD/USD daily trading outlook Yesterday’s trade saw AUD/USD within the range of 0.7153-0.7303. The pair closed at 0.7184, plummeting 1.38% on a daily basis, or the most since December 17th 2015, when a daily drop of 1.45% was registered. The daily low was a higher-low test […]
  • Petronas expects oil demand to remain uncertain due to COVID-19 strainsPetronas expects oil demand to remain uncertain due to COVID-19 strains Malaysia's Petronas said on Tuesday that it expected oil demand recovery from the COVID-19 pandemic to remain fragile and uncertain in the upcoming several years.According to Petronas, the industry was optimistic about economic […]
  • Natural gas trading outlook: futures off 8-month lows after US inventories reportNatural gas trading outlook: futures off 8-month lows after US inventories report Natural gas futures soared after the US posted weekly storage readings today. The build was almost double the average, though lower than expected, and induced enough bullish sentiment to lift the fuel 2% and off the 8.1/2-month low reached […]
  • Spot Gold falls after US-Iran peace talk collapseSpot Gold falls after US-Iran peace talk collapse Spot Gold lost ground on Monday, as US President Trump's threat to block the Strait of Hormuz fueled concerns of a prolonged energy supply shock, sending oil prices back above $100 per barrel.The US moved to impose a blockade on Iranian […]
  • Spot Silver gains over 1% on dollar weaknessSpot Silver gains over 1% on dollar weakness Spot Silver surged more than 1% on Monday, since uncertainty over the US-China trade negotiations continued, heightening the safe haven appeal of the white metal.A softer US Dollar was also providing support to the commodity.US […]
  • Vodafone increases investment plans amid falling profitsVodafone increases investment plans amid falling profits Vodafone, the UK telecoms operator, boosted investment plans to 7 billion pounds to help turn around deteriorating operations in its core mature market in Europe that weighed on first-half results. The company will improve its existing 3G […]