Italy Retail Sales Drop In September - ConsultFX

Italy Retail Sales Drop In September

Italy's retail sales decreased in September for the first time in three months, preliminary figures from the statistical office ISTAT showed on Wednesday.

Retail sales dropped 0.8 percent year-on-year after a revised 0.6 percent increase in August. Sales were flat in July.

Food sales declined 0.3 percent and non-food sales shrunk 1.1 percent.

On a year-on-year basis, retail sales decreased 2.5 percent year-on-year, after a 2.1 percent gain in the previous month. Sales shrunk 0.5 percent in July.

Online retail sales grew 2.7 percent year-on-year in September.


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