Italy retail sales rise 0.5% m/m in July
4:15 am Friday, September 06th, 2024
(Reuters) – Italian retail sales rose 0.5% in July from the month before, data showed on Friday, following a 0.2% fall in June.
Sales rose 1.0% in unadjusted year-on-year terms in July, ISTAT said.
The data are expressed in value terms and are not adjusted for consumer prices, which increased 1.6% in July from the year earlier, based on Italy’s EU-harmonised index (HICP).
ISTAT gave the following data:
JULY JUNE MAY
Mth/Mth change* +0.5 -0.2 +0.4
Yr/yr change** +1.0 -1.1r +0.5
Food sales (m/m) +0.5 -0.4r +1.0r
Non-food sales (m/m) +0.6 -0.1r -0.1r
*seasonally adjusted
**unadjusted
r=revised
(Reporting by Laura Contemori, editing by Valentina Consiglio)
