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Business

Italy retail sales rise 1.2% m/m in September

Published by Uma Rajagopal

Posted on November 9, 2024

Featured image for article about Business

(Reuters) – Italian retail sales rose 1.2% in September from the month before, data showed on Friday, following a 0.3% fall in August.

National statistics institute ISTAT marginally revised up August’s data from an originally reported 0.5% drop.

Sales rose 0.7% in unadjusted year-on-year terms in September, ISTAT said.

The data are expressed in value terms and are not adjusted for consumer prices, which increased 0.7% in September from the year earlier, based on Italy’s EU-harmonised index (HICP).

ISTAT gave the following data:

Sept Aug July

Mth/Mth change* +1.2 -0.3r +0.6r

Yr/yr change** +0.7 +0.9r +0.9

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

Non-food sales (m/m) +0.9 -0.6r +0.6r

*seasonally adjusted

**unadjusted

r=revised

(Reporting by Enrico Sciacovelli, editing by Antonella Cinelli)