Spanish retail sales suffer record fall

Newswire

MADRID, July 30 (Reuters) - Spanish retail sales suffered a record plunge year-on-year in June as a severe economic slowdown began to slam both multinational and domestic retailers. Sales at stores ranging from supermarkets to cellphone shops fell 7.9 percent in calendar-adjusted terms from the year-earlier month, marking the worst performance since Spain began registering the results in 2004. It was the seventh consecutive month of Spanish retail sales decline, with households goods ...

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