Business · Economy · 5 hrs ago

Card spending falls during Spain’s 11-N general strike

Card spending falls during Spain’s 11-N general strike

Card payments in Spanish shops fell 22.9% by 6 p.m.

on Wednesday compared with the same time the previous week, according to Redsys data.

The fall came during Spain’s 11-N general strike, which disrupted transport and prompted some businesses to close.

Spending on transport dropped 41%, as minimum services, expected delays and remote work kept people from travelling as usual.

Retail and supermarket purchases were down 28%, while card payments at large retail chains fell 30%.

Heavy rain also kept shoppers away and caused traffic problems, so the strike was not the only factor behind the decline.

Some shops in Madrid and other cities closed for safety, and stores in Barcelona were attacked and looted.

The impact varied sharply by province, with card spending down 61% in Ourense and 54% in Pontevedra, where storms had also caused damage.

The figures cover payments through 6 p.m.; no later outcome is given.

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