• Italy's retail sales rose moderately in December

Notícias do Mercado

7 fevereiro 2020

Italy's retail sales rose moderately in December

According to the report from Istat, in December 2019 estimates of retail trade increased both in value and in volume terms by 0.5% in the month-on-month series.

In the 4th Quarter of 2019 estimates show there was no growth, as the value of sales remained stable and the volume of sales was up 0.1% compared with the previous Quarter.

Year-on-year both value and volume of retail trade rose for the seventh consecutive month in December 2019, increasing by 0.9% and 0.6% respectively.

Total sales of large scale distribution slightly increased by 0.1% from December 2018, while small scale distribution decreased by 0.9%.

In the year-on-year series, online sales largely increased in December 2019, reaching its highest peak in the year 2019 at 38.3%.

With regard to non-food products, the largest growths were reported for Computers and telecommunications equipment (+6.6%) and Shoes, leather goods and travel items (+6.1%), while the largest falls reported concerned Pharmaceutical products (-2.5%) and Stationary, books, newspapers and magazines (-1.9%).

Looking at annual growth rates of retail trade, the whole of 2019 increased by 0.8% (both value and volume). Internet sales saw significant growth in 2019, rising at a rapid rate by 18.4% from the previous year.

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