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Financial News: Italy Retail Sales Fall In July

Italy Retail Sales Fall In July

09/08/2021 - 06:23:00 (RTTNews)

(RTTNews) - Italy's retail sales declined in July after rising in the previous month, data from the statistical office Istat showed on Wednesday.

The retail sales value decreased 0.4 percent month-on-month in July, after a 0.7 percent rise in June. In May, sales fell 0.1 percent.

On a yearly basis, retail sales value rose a 6.7 percent in July, after a 7.9 percent growth in the previous month.

Food sales gained 4.4 percent monthly in July and non-food product sales grew 8.5 percent.

In volume terms, retail sales fell 0.7 percent on month in July, after a 0.6 percent grew in June. The annual growth rose to 8.8 percent from 8.3 percent a month ago.

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