Retail sales rose 6.1% in 2023, the largest increase in a year

Madrid, Jan 31 (EFECOM).- Retail sales closed 2023 with an average increase of 6.1% compared to a year before, which represents the largest increase since the beginning of the series, this has been reported. Wednesday the National Institute of Statistics (INE).

Corrected for calendar effects, retail sales rose 6% year-on-year last year and chained 12 months of positive rates.

Last December alone, sales grew 3.4% driven by Christmas, 2.5% below the sales recorded in November, the month of the ‘Black Friday’ campaign, and the lowest since February of last year. EFECOM



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