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Financial News: Italy Retail Sales Rebound In September

Italy Retail Sales Rebound In September

11/07/2019 - 06:13:00 (RTTNews)

(RTTNews) - Italy's retail sales grew for the first time in three months in September, data from the statistical office ISTAT showed on Thursday.

Retail sales rose a seasonally adjusted 0.7 percent month-on-month in September, reversing a 0.5 percent fall each in August and July.

Sales of non-food products gained 0.8 percent on month in September and that of food products rose by 0.5 percent.

On a yearly basis, the retail sales value rose 0.9 percent in September, after a 0.8 percent increase in the preceding month.

In volume terms, retail sales fell 0.8 percent month-on-month after a 0.6 percent slump in August.

On a year-on-year, retail sales volume grew 0.7 percent in September, following a 0.6 percent increase in the previous month.

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