Spain’s retail sales rose 0.2% MoM and 4.8% YoY in May, with annual growth accelerating from 4.1% YoY in April.

• Non-food product sales increased 0.6% MoM, while food sales fell -0.2% MoM.
• Retail sales excluding service stations rose 0.2% MoM; service station sales were also up 0.2% MoM.
• E-commerce led gains with a 0.5% MoM increase; department store sales were flat (0.0% MoM).
• Retail employment rose 1.4% YoY, continuing its upward trend.
• The unadjusted YoY retail index rose 5.0%, up 1.3 points from April.