Italy's retail trade fell 0.2 percent from a month earlier in November 2019, following a revised 0.3 percent drop in October and missing market expectations of a 0.3 percent growth. Non-food trade declined for the second month in a row (-0.3 percent vs -0.5 percent) while food sales were unchanged (vs 0.1 percent in October). On a yearly basis, retail trade growth eased slightly to 0.9 percent from 1.0 percent in the previous month.
Retail Sales MoM in Italy averaged 0.05 percent from 1996 until 2019, reaching an all time high of 2 percent in January of 2017 and a record low of -2.60 percent in May of 2004. 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. source: National Institute of Statistics (ISTAT)
Retail Sales MoM in Italy is expected to be -0.20 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 0.40 in 12 months time. In the long-term, the Italy Retail Sales MoM is projected to trend around 0.50 percent in 2020, according to our econometric models.