Italy Retail Sales Fall In September

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Italy’s retail sales declined in September after rising in the previous month, data from the statistical office ISTAT showed on Friday.

The retail sales value declined a seasonally adjusted 0.8 percent month-on-month in September, after 8.2 percent rise in August. In July, retail sales fell 6.0 percent.

Sales of non-foods fell 1.3 percent monthly in September and food sales remained unchanged.

On an annual basis, retail sales rose 1.3 percent in September, after a 1.0 percent increase in the previous month.

Online sales grew 24.9 percent yearly in September.

The retail sales volume decreased 0.4 percent monthly in September and rose by 1.5 percent from a year ago.

In the third quarter, retail sales value grew 13.9 percent quarterly. This was the highest sales growth recorded after recovered from record-low reported during lockdown.

The material has been provided by InstaForex Company –

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