Italian retail sales rose more than expected in January
Buz Investors Italian retail sales Italian retail sales increased by a seasonally adjusted 1.4 percent month-over-month in January of 2017, following a 0.5 percent drop in December and well above market expectations of a 0.1 percent gain. It is the biggest rise since January of 2012, as sales of food products advanced 2.3 percent
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Italian retail sales
(from -0.1 percent in December) and those of non-food products went up 0.8 percent (from -0.6 percent), namely other products as jewelry and watches (1.1 percent) and pharmaceuticals (0.9 percent). Year-on-year, sales edged down 0.1 percent, compared to a 0.2 percent fall in the previous month. Retail Sales MoM in Italy averaged 0.03 percent from 2000 until 2017, reaching an all time high of 1.85 percent in February of 2003 and a record low of -2.72 percent in May of 2004.
In Italy, the Retail sales report provides an aggregated measure of sales of retail goods and services over a specific time period. In Italy, Retail sales are seasonal, volatile and relatively important to the overall economy. This page provides the latest reported value for – Italy Retail Sales MoM – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Italy Retail Sales MoM – actual data, historical chart and calendar of releases – was last updated on March of 2017.
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