Italian Retail Sales Rise in July
(Reuters) – Italian retail sales rose 0.5% in July from the month before, according to data released on Friday, following a 0.2% drop in June.
Sales increased 1.0% in unadjusted year-on-year terms in July, as reported by ISTAT.
The data reflects the sales in value terms and is not adjusted for consumer prices, which rose 1.6% in July compared to the previous year, according to Italy’s EU-harmonised index (HICP).
ISTAT provided 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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