The value of retail sales in Italy edged 0.2% lower month-over-month in June 2023, the first decline in four months, after a downwardly revised 0.6% hike in May. Sales of non-food products were down 0.7% while food sales were up 0.3%. Volume sales were also lower, falling by 0.7%, implying a weakening of consumers' demand, due to high inflationary pressures. On a yearly basis, retail trade rose 3.6% in June 2023, following a 3% increase in the previous month. Food sales were up 6.8% while non-food increased 1.1%, led by cosmetic and toilet articles (9.1%), while the largest fall was reported for electric household appliances, audio-video equipment (-3.4%). source: National Institute of Statistics (ISTAT)

Retail Sales MoM in Italy averaged 0.10 percent from 1996 until 2023, reaching an all time high of 23.00 percent in May of 2020 and a record low of -21.90 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 2023.

Retail Sales MoM in Italy is expected to be -0.20 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 0.30 percent in 2024 and 0.40 percent in 2025, according to our econometric models.

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Italy Retail Sales MoM



Calendar GMT Reference Actual Previous Consensus TEForecast
2023-07-07 08:00 AM May 0.7% 0.2% 0.1% -0.1%
2023-08-03 08:00 AM Jun -0.2% 0.6% 0.4%
2023-09-07 08:00 AM Jul -0.2% 0.3%


Related Last Previous Unit Reference
Consumer Confidence 106.50 106.70 points Aug 2023
Retail Sales MoM -0.20 0.60 percent Jun 2023
Retail Sales YoY 3.60 3.00 percent Jun 2023
Consumer Spending 258880.70 257581.20 EUR Million Mar 2023
Disposable Personal Income 336561.00 325800.00 EUR Million Mar 2023
Personal Savings 7.60 5.30 percent Mar 2023

Italy Retail Sales MoM
In Italy, the Retail sales report provides an aggregated measure of sales of retail goods and services over a specific time period. In Italy, Retail sales are seasonal, volatile and relatively important to the overall economy.
Actual Previous Highest Lowest Dates Unit Frequency
-0.20 0.60 23.00 -21.90 1996 - 2023 percent Monthly
Current Prices, SA

News Stream
Italy Retail Sales Edge Down
The value of retail sales in Italy edged 0.2% lower month-over-month in June 2023, the first decline in four months, after a downwardly revised 0.6% hike in May. Sales of non-food products were down 0.7% while food sales were up 0.3%. Volume sales were also lower, falling by 0.7%, implying a weakening of consumers' demand, due to high inflationary pressures. On a yearly basis, retail trade rose 3.6% in June 2023, following a 3% increase in the previous month. Food sales were up 6.8% while non-food increased 1.1%, led by cosmetic and toilet articles (9.1%), while the largest fall was reported for electric household appliances, audio-video equipment (-3.4%).
2023-08-03
Italian Retail Sales Grow the Most in 4 Months
Retail sales in Italy rose by 0.7% from the previous month in May of 2023, the most since January, and stretching from the 0.2% expansion in April to show some resilience to higher borrowing costs from the ECB. Retail activity rose by 0.2% in terms of volume, reflecting strong demand from Italian consumers despite the sharp inflationary pressure in the period. Retail was mainly supported by a 1.1% increase in sales of non-food goods, compared to the slower 0.2% uptick for sales of food goods. On a yearly basis, retail activity was 3% higher in May, easing from the 3.2% increase in the previous month.
2023-07-07
Italian Retail Sales Rise Less than Expected
Retail sales in Italy edged 0.2% higher from the previous month in April of 2023, picking up from a stall in the previous month and missing forecasts of a 0.3% rise as sharp inflation in the Italian economy outweighed a 0.2% retreat in the volume of retail trade. Retail was supported primarily through a 0.9% advance in sales of food items, extending the 0.1% increase in the previous month. On the other hand, sales of non-food items fell by 0.4% following the 0.1% drop in March. On a yearly basis, retail sales in Italy rose by 3.2%, the least since October 2022.
2023-06-07