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Retracement Extends


Move Lower Likely A Correction


Approaching The 20-Day EMA

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Release For: July 2017
Source: Spanish National Statistical Agency
Calendar and workday adjusted
                                                  m/m   y/y  YTD
                                          Index  %Chg  %Chg  y/y
Monthly index of turnover by sector:
General Index                             107.7  -0.6   4.7  6.7
Wholesale/Retail                          106.8  -0.8   4.1  6.9
Other svc                                 109.1  -0.3   5.7  6.4
Transport                                 116.6  -0.1   5.9  6.4
Information technology                     99.2   0.9   4.3  3.8
Monthly index of employed by sector:
General Index                             104.7   0.2   2.7  2.6
Wholesale/Retail                          101.5   0.1   2.2  2.3
Other svc                                 106.9   0.2   2.9  2.8
Transport                                 101.9   0.3   2.8  2.7
Information technology                     99.9   0.3   2.7  2.1

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