• Italy retail sales rose more than expected in January

Market news

7 March 2019

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).

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.