Extracted Insight

  • The Spanish National Statistics Institute released calendar‑adjusted retail sales data showing a 0.8% year‑on‑year increase in April 2026 compared with the same month last year.
  • This growth is significantly slower than the 4.1% year‑on‑year rise recorded in March 2026, indicating a deceleration in consumer spending momentum.
  • The data are calendar‑adjusted, meaning they account for differences in the number of trading days between periods, and exclude inflation effects, providing a real‑terms perspective on retail activity.
  • No additional breakdowns (e.g., by region or product category) were provided in the release.