Italy retail sales rise 1.2% m/m in September
Published by Uma Rajagopal
Posted on November 9, 2024

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Published by Uma Rajagopal
Posted on November 9, 2024

(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)