Italy's seasonally-adjusted Jan retail sales value index dips 0.1% MoM
18 Mar 24 1 min read
Insights
- Estimates for seasonally-adjusted index of value retail sales in Italy fell by 0.1 per cent month on month (MoM) in January and volume contracted by 0.3 per cent MoM.
- The country's retail trade value grew by 1 per cent year on year (YoY) in the month, showing an upward trend since February 2021, while volume sales fell by 2.1 per cent YoY during the month.
In the three months to January, value of retail sales grew by 0.3 per cent quarter on quarter (QoQ) and volume of sales decreased by 0.1 per cent QoQ.
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The country’s retail trade value grew by 1 per cent year on year (YoY) in January, showing an upward trend since February 2021, while volume sales fell by 2.1 per cent YoY during the month.
Large-scale distribution was up by 1.4 per cent YoY, small-scale distribution grew by 0.5 per cent YoY and non-store retail sales dropped by 0.4 per cent YoY during the month.
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Online sales grew by 1 per cent YoY during the month.
Fibre2Fashion News Desk (DS)
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