Wednesday, 13 July 2022 10:40

Italy Retail Sales Rise 1.9% m/m in May

Italian retail sales rose 1.9% in May from the month before, data showed on Monday, after a 0.3% increase in April. National statistics institute ISTAT marginally revised up April's data from an originally reported 0.0% data. Sales rose 7.0% in unadjusted year-on-year terms in May, ISTAT said. The data are expressed in value terms and are not adjusted for consumer prices, which increased 7.3% in May from the year earlier, based on Italy's EU-harmonised index (HICP).
ISTAT gave the following data: during three months, may, April, and march month per month change while seasonally adjusted to +1.9 +0.3revised 0.0revised. meanwhile, year per year change with unadjusted condition +7.0 +8.3revised +5.6. Furthermore, food sales (m/m) +1.4 +0.6revised +0.1r and non-food sales (m/m) +2.4 0.0r -0.2revised.


Source: https://www.reuters.com/markets/europe/italy-retail-sales-rise-19-mm-may-2022-07-11/

 

 

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