Retail sales in Italy edged 0.4 percent lower month-over-month in July of 2021, following a 0.7 percent gain in the previous month. It was the steepest contraction in retail activity since January, as sales fell in non-food products(-0.6 percent vs 0.3 percent in June), while food sales were unchanged from the prior month(vs 1.0 percent). On an annual basis, retail sales advanced 6.7 percent in June, after an upwardly revised 7.9 percent jump in June. source: National Institute of Statistics (ISTAT)
Retail Sales MoM in Italy averaged 0.07 percent from 1996 until 2021, reaching an all time high of 21.10 percent in May of 2020 and a record low of -20.80 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 September of 2021.
Retail Sales MoM in Italy is expected to be -1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Italy Retail Sales MoM is projected to trend around 0.50 percent in 2022 and 0.40 percent in 2023, according to our econometric models.