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Italy retail sales rise 0.9% m/m in December -Breaking

by Mike Robinson

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© Reuters. FILEPHOTO: Shoppers at market wear masks to protect their faces during an unusual lockdown in all Italy. This unprecedented lockdown was implemented March 13, 2020, in Naples. REUTERS/Ciro de Luca

(Reuters) – Italian retail sales increased 0.9% in December compared to the previous month, according to data released Tuesday. This follows a 0.4% drop in November.

ISTAT reported that December saw sales rise 9.4% unadjusted over the previous year.

Data are presented in value terms. The consumer price index in Italy (HICP) was used to calculate December’s 4.2% increase.

The following information was provided by ISTAT:

Dec Nov Oct

Mth/Mth change* 0.9 -0.4 0.3r

Yr/yr change** 9.4 12.4r 4.0

Food sales (m/m) 1.7 -0.5r 0.0

Non-food sales (m/m) 0.3 -0.1r 0.3r

*seasonally adjusted

**unadjusted

r=revised

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