Financial News: Italy Retail Sales Recover 0.6%

Italy Retail Sales Recover 0.6%

02/05/2025 - 06:45:00 (RTTNews)

(RTTNews) - Italy's retail sales increased for the first time in three months in December, and at a faster-than-expected pace, preliminary data from the statistical office ISTAT reported Wednesday.

The sales value rose 0.6 percent month-on-month in December, reversing a 0.4 percent decrease in November. Economists had expected sales to increase by 0.1 percent.

Sales of food items climbed by 0.6 percent over the month, and those of non-food goods grew by 0.8 percent.

The annual growth in retail sales moderated to 0.6 percent from 1.1 percent in the previous month.

During the year 2024, total retail sales value advanced by 0.7 percent compared to 2023, mainly driven by more demand for food items.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Trade Deficit Widens Significant In December As Imports Jump, Exports Plunge (17 min(s), 38 sec(s) ago)
(RTTNews) - A report released by the Commerce Department on Wednesday showed the U.S. trade defici ...Full Story»

Luxembourg Inflation Rises To 6-month High (21 min(s), 38 sec(s) ago)
(RTTNews) - Consumer price inflation in Luxembourg rose for the second straight month in January t ...Full Story»

U.S. Private Sector Employment Increases More Than Expected In January (32 min(s), 38 sec(s) ago)
(RTTNews) - Payroll processor ADP released a report on Wednesday showing private sector employment ...Full Story»

UK Car Sales Continue To Fall, EV Share Rises: SMMT (58 min(s), 38 sec(s) ago)
(RTTNews) - The UK car market contracted for the fourth straight month in January due to weak cons ...Full Story»

Lithuanian Jobless Rate Falls To 6.5% In Q4 (01 hr(s), 20 min(s), 38 sec(s) ago)
(RTTNews) - Lithuania's unemployment rate decreased somewhat in the final quarter of 2024, dat ...Full Story»

UK Services Growth Eases On Renewed Fall In New Work (01 hr(s), 31 min(s), 38 sec(s) ago)
(RTTNews) - The UK service sector growth eased in January as new work declined for the first time ...Full Story»

Italy Retail Sales Recover 0.6% (02 hr(s), 08 min(s), 38 sec(s) ago)
(RTTNews) - Italy's retail sales increased for the first time in three months in December, and ...Full Story»

Eurozone Producer Prices Remain Flat In December (02 hr(s), 49 min(s), 38 sec(s) ago)
(RTTNews) - The declining trend in Eurozone producer prices ceased at the end of the year as energ ...Full Story»