empty
 
 

2017.08.0404:31:00UTC+00Italy Retail Sales Growth Exceeds Expectations

Italy's retail trade grew more than expected in June largely driven by a rebound in food sales, data from the statistical office Istat showed Friday.

Retail sales grew 0.6 percent month-on-month in June, after staying flat in May. Sales were forecast to grow marginally by 0.1 percent.

Food sales advanced 0.9 percent in contrast to a 0.8 percent fall in May. At the same time, growth in non-food store sales held steady at 0.5 percent.

Data showed that annual growth in retail sales accelerated to 1.5 percent from 1 percent in the previous month.

The volume of retail trade increased 0.8 percent from May and advanced 1.3 percent from the previous year.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback