The Spanish statistical office INE released its retail sales data on Wednesday. Retail sales in Spain rose at a seasonally adjusted rate of 0.5% in March, after a flat reading in February. February's reading was revised down from a 0.2% rise.

Food sales were down 1.0% in March, while non-food sales increased by 0.9%.

On a yearly basis, retail sales climbed at a seasonally adjusted rate of 4.4% in March, after a 4.1% rise in February. February's figure was revised up from a 3.9% gain.

Sales of non-food products jumped 5.1% in March from a year ago, while food sales rose 1.4%.