Financial News: Italy Retail Sales Rise Slightly

Italy Retail Sales Rise Slightly

04/10/2024 - 04:54:00 (RTTNews)

(RTTNews) - Italy's retail sales increased for the first time in three months in February, though marginally and at a slower-than-expected pace, the statistical office ISTAT reported on Wednesday.

The value of retail sales rose 0.1 percent on a monthly basis in February after remaining flat in the previous month. Sales were expected to increase by 0.2 percent.

Sales of food items increased by 0.1 percent over the month, and those of non-food items advanced by 0.2 percent.

Year-on-year, retail sales value growth improved to 2.4 percent from 1.0 percent in January.

Further, data showed that retail sales volume rose 0.1 percent monthly and by 0.3 percent annually in February.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Hungary's Disinflation Halts In April (39 min(s) ago)
(RTTNews) - Hungary's inflation increased for the first time in fifteen months in April, thoug ...Full Story»

Italy Industrial Output Unexpectedly Falls 0.5% (03 hr(s), 07 min(s) ago)
(RTTNews) - Italy's industrial production decreased unexpectedly in March, largely due to lowe ...Full Story»

Norway Inflation Slows To 7-Month Low, Producer Prices Fall Further (04 hr(s), 12 min(s) ago)
(RTTNews) - Norway's consumer price inflation eased for the fourth straight month in April to ...Full Story»

Japan Eco Watchers Index Falls To 20-Month Low; Signals Bleak Outlook (04 hr(s), 57 min(s) ago)
(RTTNews) - A measure of public opinion about the Japanese economy weakened in April to the lowest ...Full Story»

UK Exits Recession As GDP Grows Better Than Expected In Q1 (05 hr(s), 11 min(s) ago)
(RTTNews) - The UK economy exited a technical recession in the first quarter with the economic out ...Full Story»

Japan Has Y3.398 Trillion Current Account Surplus (29 min(s) ago)
(RTTNews) - Japan posted a current account surplus of 3.398 trillion yen in March, the Ministry of ...Full Story»

Japan Household Spending Slips 1.2% On Year In March (24 min(s) ago)
(RTTNews) - The average of household spending in Japan was down 1.2 percent on year in March, the ...Full Story»

New Zealand Manufacturing Index Improves In April - BusinessNZ (40 min(s) ago)
(RTTNews) - The manufacturing sector in New Zealand continued to contract in April, albeit at a sl ...Full Story»