Spanish shops are now hiring at pre-crisis levels, while business confidence is also holding up in Italy, according to official figures.
Spain’s national statistics agency said retail hiring in November grew 1.8% on last year, the fastest rate since Spain entered a deep recession in 2008.
In Italy, figures on Tuesday showed business confidence fell in December, but remained close to recent highs.
Italy and Spain are the eurozone’s third and fourth largest economies.
Spanish retail sales increased 3.3% in November compared to last year, the sixteenth consecutive month of growth, according to the National Statistics Institute.
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.