Retail sales accelerated in November, adding to the twelve-month increase

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HE Retail trade saw a 5.7% increase in sales in November Compared to the same month in 2022, this rate is 1.2 points higher than in the previous month, as reported this Thursday by the National Institute of Statistics (INE). Retail sales chain with November data Annual positive rates for twelve consecutive months.

Within the sector, product sales feed increased by 1.7% annuallySales of the remaining products increased by 13.3% compared to November 2022.

Retail trade turnover increased by 5.2% in the eleventh month of the year, decreasing by one tenth compared to October, as seasonal and calendar effects were eliminated.

Regarding employment, The sector recorded a 2% annual increase in employment in OctoberFive tenths more than in October. With this recovery, employment in retail trade increased on an annual basis for 31 consecutive months.

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