Italy retail sales rise 0.5% m/m in July

2024.09.06 04:40

(Reuters) – Italian retail sales rose 0.5% in July from the month before, data showed on Friday, following a 0.2% fall in June.

Sales rose 1.0% in unadjusted year-on-year terms in July, ISTAT said.

The data are expressed in value terms and are not adjusted for consumer prices, which increased 1.6% in July from the year earlier, based on Italy’s EU-harmonised index (HICP).

ISTAT gave the following data:

JULY JUNE MAY

Mth/Mth change* +0.5 -0.2 +0.4

Yr/yr change** +1.0 -1.1r +0.5

Food sales (m/m) +0.5 -0.4r +1.0r

Non-food sales (m/m) +0.6 -0.1r -0.1r

*seasonally adjusted

**unadjusted

r=revised

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