FXstreet.com (Barcelona) - Retail sales have risen above expectations in November, posting a robust pick up after Octobers slight decline, according to data released by National Statistics.

From October to November, retail sales have risen 0.4%, above the 0.2% increase expected by the analysts. Novembers increase follows a 0.0% increase in October, revised up from the previously estimated 0.1% decline

On the last twelve months, retail sales have risen 4.4%, following a 4.2% increase on the previous month.