According to the report from Istat, in August 2021 estimates for seasonally adjusted index of retail trade rose in the month on month series by 0.4% both in value and in volume terms. Economists had expected a 0.2% increase.
In the three months to August 2021 value of sales was up 0.8% when compared with the previous three-month period, likewise volume increased by 0.5%.
In August 2021 both value and volume of retail trade continued to grow for the 6th month in a row in the year on year series. Value sales increased by 1.9% and volume sales rose by 1.0% comparing to August 2020.
Online sales increased by 20.7% in August 2021 when compared with August 2020.
Looking at the value of sales for non-food products, all sectors experienced growth besides tools (-2.2%), furniture, textile items and household furnishing (-0.2%) and clothing (0.0%). The largest increases were reported for electric household appliances, audio-video equipment (+20.5%) and other goods (+8.2%).