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Italy Retail Sales Rise For First Time In Three Months

Italy’s retail sales rose for the first time in three months in December, data from the statistical office ISTAT showed on Friday.

Retail sales rose a seasonally adjusted 0.5 percent month-on-month in December, after a 0.2 percent fall in November.

Sales of non-food goods grew 0.8 percent on month in December, while sales of food goods fell 0.1 percent.

On an annual basis, retail sales rose 0.9 percent in December, slower than a 1.0 percent increase in the previous month.

In volume terms, retail sales rose 0.5 percent monthly in December, after a 0.2 percent fall in the prior month.

On a yearly basis, retail sales volume increased 0.6 percent in December, after a 0.7 percent rise in the preceding month.

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