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Recession empties Spanish shops

economy

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April was one of the worst months in recent history for Spain’s shopkeepers.

Spanish retail sales fell by 9.8 percent from April last year, adjusted for calendar differences.

That was much more than expected, and the biggest drop since the collection of sales figures started in 2003.

With Spain again in recession retail sales have fallen for the last 22 months.

In March they slipped by 3.8 percent revised figures from Spain’s National Statistics Institute showed.

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