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Financial News: Italy Retail Sales Rise For First Time In

Italy Retail Sales Rise For First Time In Three Months

02/07/2020 - 06:26:00 (RTTNews)

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

Retail sales rose a seasonally adjusted 0.5 percent month-on-month in December, after a 0.2 percent fall in November.

Sales of non-food goods grew 0.8 percent on month in December, while sales of food goods fell 0.1 percent.

On an annual basis, retail sales rose 0.9 percent in December, slower than a 1.0 percent increase in the previous month.

In volume terms, retail sales rose 0.5 percent monthly in December, after a 0.2 percent fall in the prior month.

On a yearly basis, retail sales volume increased 0.6 percent in December, after a 0.7 percent rise in the preceding month.

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