Retail sales in Italy tumbled 6.9 percent from a month earlier in November of 2020, reversing from a downwardly revised 0.5 percent increase in October. It was the biggest monthly decline in retail trade since April, as non-food sales fell sharply (-13.2 percent vs 0.3 percent in October). On the other hand, food sales advanced faster (1 percent vs 0.7 percent). On a yearly basis, retail trade slumped 8.1 percent, the first drop since July and the mot since April. source: National Institute of Statistics (ISTAT)
Retail Sales MoM in Italy averaged 0.06 percent from 1996 until 2020, reaching an all time high of 24.50 percent in May of 2020 and a record low of -21.70 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 January of 2021.
Retail Sales MoM in Italy is expected to be 1.10 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 0.60 in 12 months time. In the long-term, the Italy Retail Sales MoM is projected to trend around 0.40 percent in 2022, according to our econometric models.