Retail sales in Italy dropped by 1.1 percent from a month earlier in June of 2022, the most in 15 months and falling from the upwardly revised, one-year high of 2 percent in the previous period. Non-food sales also contracted at a 15-month high of 2.2 percent, compared to a 2.8 jump in the previous month. The increase was enough to offset a 0.4 percent rise in food sales, picking up from a 1.3 percent jump in May. source: National Institute of Statistics (ISTAT)
Retail Sales MoM in Italy averaged 0.09 percent from 1996 until 2022, reaching an all time high of 23.60 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 August of 2022.
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. In the long-term, the Italy Retail Sales MoM is projected to trend around 0.50 percent in 2023 and 0.40 percent in 2024, according to our econometric models.