empty
 
 

2020.07.0712:17:00UTC+00Italy Retail Sales Rebound In May

Italy's retail sales grew in May, data from the statistical office ISTAT showed on Tuesday.

The retail sales value rose a seasonally adjusted 24.3 percent month-on-month in May, after 10.7 percent decline in April amid the lockdown restrictions due to the coronavirus pandemic.

Sales of non-foods gained 66.3 percent monthly in May and food sales fell 1.4 percent.

On an annual basis, retail sales fell 10.5 percent in May, following a 26.7 percent decrease in the previous month.

Online sales grew 41.7 percent yearly in May, which was a record gain.

On a month-on-month basis, the retail sales volume increased 25.2 percent in May, after an 11.5 percent fall in the preceding month.

In volume terms, retail sales fell 11.9 percent year-on-year in May, following a 28.6 percent decrease in the prior month.

  • 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 $8000 more!
    In March we raffle $8000 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