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The Spanish statistical office INE released its retail sales data on Monday. Retail sales in Spain rose at a seasonally adjusted rate of 0.1% in May, after a 1.3% gain in April.
On a yearly basis, retail sales climbed at a seasonally adjusted rate of 3.4% in May, after a 3.9% rise in April. Retail sales have been increasing since August 2015.
Sales of non-food products climbed 5.3% in May from a year ago, while food sales fell 0.4%.
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