The data released by the National Institute of Statistics on Friday revealed that Spain's retail sales grew at a steady pace in November, helped by higher demand for personal equipment.

According to the data, retail sales rose a calendar and seasonally-adjusted 2.9 percent y-o-y in November, the same pace as in October. 

Among components, food sales increased 1.2 percent y-o-y, while non-food sales surged 4.5 percent y-o-y, driven by a 4.4 percent y-o-y jump in sales of personal equipment. 

On an unadjusted basis, retail sales climbed 3 percent y-o-y in November, following a 2.6 percent y-o-y gain in October.

Compared to the previous month, retail sales rose a calendar and seasonally adjusted 0.5 percent in November after a 0.1 percent advance in the previous month. That marked the biggest monthly growth since May.