Retail sales in Italy rose 12.1 percent from a month earlier in June of 2020, following a downwardly revised 24 percent jump in the previous month. Non food sales advanced 24.4 percent, compared to a 65.3 percent surge in May; and food sales went down 0.6 percent, after a 1.1 percent drop. On a yearly basis, retail trade fell 2.2 percent, after a 10.5 percent decline in May.
Retail Sales MoM in Italy averaged 0.07 percent from 1996 until 2020, reaching an all time high of 24.30 percent in May of 2020 and a record low of -21.20 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 2020. source: National Institute of Statistics (ISTAT)
Retail Sales MoM in Italy is expected to be -1.40 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 0.60 percent in 2021 and 0.40 percent in 2022, according to our econometric models.