Retail sales in Italy edged down 0.1 percent from a month earlier in March of 2021, after a downwardly revised 5.9 percent rise in February. Non-food sales fell 1.6 percent, after jumping by 13.5 percent in the previous month; while food sales went up 1.9 percent, recovering from a 2.4 percent drop. In unadjusted year-on-year terms, retail trade soared 22.9 percent, after decreasing for four months in a row and compared to a 5.7 percent drop in February. It was the biggest annual gain in retail sales since December of 1984 as March 2020 was the first period of national lockdown due to pandemic. 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 24.30 percent in May of 2020 and a record low of -22 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 June of 2021.
Retail Sales MoM in Italy is expected to be 0.90 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 0.90 in 12 months time. 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.