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Financial News: Italy Retail Sales Steady In January

Italy Retail Sales Steady In January

03/06/2020 - 06:29:00 (RTTNews)

(RTTNews) - Italy's retail sales remained stable in January, data from the statistical office ISTAT showed on Friday.

Retail sales rose a seasonally adjusted remained unchanged month-on-month in January, after a 0.5 percent rise in December.

Sales of non-food goods fell 0.4 percent on month in January, while sales of food goods rose 0.8 percent.

On an annual basis, retail sales rose 1.4 percent in January, following a 0.8 percent increase in the previous month.

In volume terms, retail sales rose 0.1 percent monthly in January, after a 0.5 percent increase in the prior month.

On a yearly basis, retail sales volume increased 1.3 percent in January, following a 0.5 percent rise in the preceding month.

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