Italy Retail Sales Decline Sharply In March

Italy’s retail sales declined sharply in March as [coronavirus][1] containment measures dampened sale of non-essential commodities, data from the statistical office ISTAT showed on Thursday.

Retail sales value dropped a seasonally adjusted 20.5 percent month-on- month in March, after a 0.9 percent rise in February.

Sales of foods remained unchanged on month in March, non-food sales decreased 36.0 percent.

On an annual basis, retail sales fell 18.4 percent in March, following a 6.1 percent increase in the previous month.

In volume terms, retail sales fell 21.3 percent monthly in March, following a 1.0 percent increase in the prior month.

On a yearly basis, retail sales volume decreased 19.5 percent in March, following a 6.1 percent rise in the preceding month.

For comments and feedback contact: editorial@rttnews.com

[Economic News][2]

What parts of the world are seeing the best (and worst) economic performances lately? Click[here][3] to check out our [Econ Scorecard][3] and find out! See up-to-the-moment rankings for the best and worst performers in [GDP][3], [unemployment rate][4], [inflation][5] and much more.

  1. www.rttnews.com/list/coronavirus.aspx
  2. www.rttnews.com/Content/EconomicNews.aspx
  3. www.rttnews.com/economic-scorecard/world-rank/GDP/highest-performance.aspx
  4. www.rttnews.com/economic-scorecard/world-rank/unemployment-rate/lowest-performance.aspx
  5. www.rttnews.com/economic-scorecard/world-rank/CPI/highest-performance.aspx