Retail sales in Italy climbed 8.2 percent from a month earlier in August of 2020, rebounding from an upwardly revised 6 percent fall in July. Both non-food sales (13.8 percent vs -9.8 percent in July) and food sales (1.6 percent vs -1.1 percent) rebounded. On a yearly basis, retail trade went up 0.8 percent, the first gain since February and compared to a 7.1 percent drop in the previous month. source: National Institute of Statistics (ISTAT)
Retail Sales MoM in Italy averaged 0.08 percent from 1996 until 2020, reaching an all time high of 24.10 percent in May of 2020 and a record low of -21.10 percent in March of 2020. This page provides the latest reported value for - Italy Retail Sales MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Italy Retail Sales MoM - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020.
Retail Sales MoM in Italy is expected to be -0.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales MoM in Italy to stand at -1.00 in 12 months time. In the long-term, the Italy Retail Sales MoM is projected to trend around 0.60 percent in 2021 and 0.40 percent in 2022, according to our econometric models.