Financial News: Italy Retail Sales Fall 0.2% In June

Italy Retail Sales Fall 0.2% In June

08/02/2024 - 05:52:00 (RTTNews)

(RTTNews) - Italy's retail sales decreased unexpectedly in June after recovering in the previous month, the statistical office ISTAT reported Friday.

The sales value dropped 0.2 percent on a monthly basis, reversing a 0.4 percent recovery in May. Economists had expected a further increase of 0.2 percent. Retail sales of both food and non-food goods declined by 0.2 percent.

Data showed that the volume of retail sales also contracted by 0.2 percent monthly after rebounding by 0.1 percent in May.

On an annual basis, retail sales fell 1.0 percent in June, in contrast to a 0.5 percent rise in the prior month. The overall decrease in demand was brought on by a 1.7 percent fall in non-food sales.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Mexico Inflation Eases To 4.99% (46 min(s), 07 sec(s) ago)
(RTTNews) - Mexico's consumer price inflation slowed somewhat in August from a 14-month high i ...Full Story»

Latvian Inflation Remains Stable In August (01 hr(s), 26 min(s), 07 sec(s) ago)
(RTTNews) - Latvia's consumer price inflation held steady in August after easing in the previo ...Full Story»

Ireland Construction Sector Stabilizes In August (01 hr(s), 39 min(s), 07 sec(s) ago)
(RTTNews) - Ireland's construction sector stabilized midway through the third quarter, survey ...Full Story»

Denmark Trade Surplus Rises In July (01 hr(s), 59 min(s), 07 sec(s) ago)
(RTTNews) - Denmark's foreign trade surplus increased in July as exports rose amid a fall in i ...Full Story»

Eurozone Sentix Investor Confidence Deteriorates On German Chaos (02 hr(s), 24 min(s), 07 sec(s) ago)
(RTTNews) - Euro area investor sentiment weakened further in September as the single currency bloc ...Full Story»

Taiwan Trade Surplus Grows Sharply On Export Surge (02 hr(s), 32 min(s), 07 sec(s) ago)
(RTTNews) - Taiwan's foreign trade surplus increased notably in August as exports grew faster ...Full Story»

UK Labor Market Conditions Soften In August: KPMG/REC Report (03 hr(s), 53 min(s), 07 sec(s) ago)
(RTTNews) - The UK labor market conditions softened in August as permanent job placements declined ...Full Story»

Czech Jobless Rate Stable At 3.8% (04 hr(s), 49 min(s), 07 sec(s) ago)
(RTTNews) - The Czech Republic's unemployment rate held steady in August, figures from the lab ...Full Story»