Home Economy Italy Retail Sales Rebound In June

Italy Retail Sales Rebound In June

by RTTNews Staff Writer

Italy’s retail sales grew in June after falling in the previous month, data from the statistical office Istat showed on Friday.

Retail sales rose 1.9 percent month-on-month in June, after a 0.6 percent fall in May. In April, sales rose 0.1 percent.

Sales of food products grew by 1.6 percent and those of non-food goods rose by 2.0 percent.

On a year-on-year basis, retail sales increased 1.3 percent in June, reversing a 1.8 percent decline in the previous month.

On volume terms, retail sales gained 2.0 percent monthly in June and by 1.5 percent from a year ago.

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