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Italy’s retail sales down in April

by ChemOrbis Editorial Team -
  • 07/06/2017 (15:26)
According to the data from Istat, Italy’s retail sales decreased by 0.1% in April on a monthly basis after remaining flat in March and missed the economists’ estimates of a slight increase of 0.2%.

The data showed that sales of non-food products posted a decrease of 0.7% while sales of food products increased by 4.1% in April.

Meanwhile, the country’s retail sales were up by 1.2% in April on a yearly basis after a revised drop of 0.5% in March. This was also the first yearly increase the country’s retail sales posted in five months.
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