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  • Reuters

    Italy retail sales rise 0.5% m/m in July

    By Reuters,

    2 hours ago
    https://img.particlenews.com/image.php?url=1YxgKx_0vMhBGts00

    (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)

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