- MarketPulse - https://www.marketpulse.com -

Spanish Retail Sales Growth Slows in September

Spanish retail sales increased 3.2 percent in September on a seasonally-adjusted basis from a year earlier, with growth slowing slightly from a revised 3.3 percent rise in August, the National Statistics Institute (INE) said on Monday.

Low inflation and falling unemployment have fuelled a consumer spending boom in Spain, helping to keep growth on track even during a 10-month political gridlock that ended at the weekend.

Spanish conservative leader Mariano Rajoy is due to be sworn in for his second term as prime minister later on Monday.

Reuters [1]

Risk Events Galore for the Markets This Week [2]

Trump Declares Clinton “Guilty” in Email Probe [3]

Oil Falls on OPEC Production Deal Doubts [4]

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.

Craig Erlam

Craig Erlam [8]

Senior Market Analyst, UK & EMEA at OANDA [9]
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
Craig Erlam
Craig Erlam

Latest posts by Craig Erlam (see all [8])