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- Italy retail sales rose more than expected in January
Italy retail sales rose more than expected in January
According to the report from Istat, in January 2019 retail sales increase by 0.5% in value and by 0.6% in volume. The overall growth is mainly due to the trend of food products (+1.0% in value and +1.1% in volume), while there is a more moderate trend for non-food products (+0.1% in value, +0.2% by volume).
In the quarter November 2018-January 2019 retail sales recorded a slight increase, compared to the previous three months, of 0.1% in value and 0.2% in volume. Sales of food products grew by 0.1% in value and by 0.3% in volume, while those in non-food goods were stationary in value and increased by 0.3% in volume.
On an annual basis, retail sales increased by 1.3% in value and by 1.5% in volume. Both food goods are growing (+ 2.3% in value and + 1.9% in volume) and, to a lesser extent, non-food goods (+ 0.5% in value and + 1.2% in volume).
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