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Spain: Smoke. Soon it'll be fire.
    • The General Retail Trade Index at constant prices showed an interannual variation of -11.3% in April, more than seven points below that registered in March.
    • The average rate of retail sector sales stood at –5.9% during the first quarter of the year, as compared with the same period of 2011.
    • All Large chain stores experienced a decrease in sales, as compared with the same month of 2011.
    • Employment in the retail sector decreased 0.9% as compared with April 2011.