FX.co ★ Spanish Retail Sales Stagnate in August, Matching July’s Year‑on‑Year Decline

Spain’s retail sector showed no sign of recovery in August, with sales falling 0.4% year-on-year, exactly matching the decline recorded in July 2026. The unchanged figure underscores a stagnation in consumer activity at the start of the third quarter, based on data updated on 29 September 2026.

The year-over-year comparison indicates that both July and August 2026 retail sales were 0.4% lower than in the same months a year earlier, suggesting that underlying consumer demand remains under pressure. The lack of improvement from July to August may raise concerns about the strength of private consumption, a key driver of Spain’s economic momentum.