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

Norges Bank Keeps Policy Rate Steady At 4.50% (20 min(s), 04 sec(s) ago)
(RTTNews) - The Norwegian central bank maintained its key interest rate for the third straight dec ...Full Story»

U.S. Service Sector Activity Contracts For First Time Since December 2022 (59 min(s), 04 sec(s) ago)
(RTTNews) - After growing for fifteen consecutive months, U.S. service sector activity unexpectedl ...Full Story»

Eurozone Unemployment Rate Steady At 6.5% For Fifth Month (41 min(s), 04 sec(s) ago)
(RTTNews) - Euro area jobless rate remained unchanged at a record low for the fifth month in a row ...Full Story»

U.S. Services PMI Unexpectedly Indicates Contraction In April (36 min(s), 04 sec(s) ago)
(RTTNews) - After growing for fifteen consecutive months, U.S. service sector activity unexpectedl ...Full Story»

U.S. Job Growth Falls Short Of Estimates In April, Unemployment Rate Ticks Higher (52 min(s), 04 sec(s) ago)
(RTTNews) - After reporting stronger than expected job growth over the past several months, the La ...Full Story»

U.S. Employment Climbs Much Less Than Expected In April (04 min(s), 04 sec(s) ago)
(RTTNews) - After reporting stronger than expected job growth over the past several months, the La ...Full Story»

Turkey Inflation Rises Further To 17-Month High (39 min(s), 04 sec(s) ago)
(RTTNews) - Turkey's consumer price inflation increased further in April to the highest level ...Full Story»

Italy Jobless Rate Falls To 7.2%, Lowest In Over 15 Years (18 min(s), 04 sec(s) ago)
(RTTNews) - Italy's unemployment rate decreased to the lowest level in more than fifteen years ...Full Story»