Mon, 29 Oct 2012 10:30:56 GMT
Retail sales in Spain declined more than expected
National Institute for Statistics reported on Monday that Spain's retail sales decreased more than expected last month. Retail sales fell by 10.9% on a seasonally adjusted basis, compared to a decline of 2.0% in the month before. Economists, however, expected that the last month's reading would be equal to minus 6.2%.