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Financial News: Italy Retail Sales Rebound In June

Italy Retail Sales Rebound In June

08/02/2019 - 07:14:00 (RTTNews)

(RTTNews) - Italy's retail sales grew in June after falling in the previous month, data from the statistical office Istat showed on Friday.

Retail sales rose 1.9 percent month-on-month in June, after a 0.6 percent fall in May. In April, sales rose 0.1 percent.

Sales of food products grew by 1.6 percent and those of non-food goods rose by 2.0 percent.

On a year-on-year basis, retail sales increased 1.3 percent in June, reversing a 1.8 percent decline in the previous month.

On volume terms, retail sales gained 2.0 percent monthly in June and by 1.5 percent from a year ago.

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