The Spanish statistical office INE released its retail sales data on Thursday. Retail sales in Spain rose at a seasonally adjusted rate of 0.4% in January, after a 0.1% increase in December.

Food sales were up 0.6% in January, while non-food sales increased by 1.5%.

On a yearly basis, retail sales climbed at a seasonally adjusted rate of 3.3% in January, after a 2.7% rise in December. December's figure was revised up from a 2.2% gain.

Sales of non-food products fell 0.5% in January from a year ago, while food sales jumped 6.6%.