Italy retail sales remain flat m/m in March

Kitco Media
By Reuters
Published:
Updated:
Reuters
May 5 (Reuters) - Italian retail sales were flat in March from the month before, data showed on Friday, following a 0.0 revised reading in February. National statistics institute ISTAT marginally revised up February's data from an originally reported 0.1% drop. Sales rose 5.8% in unadjusted year-on-year terms in March, ISTAT said. The data are expressed in value terms and are not adjusted for consumer prices, which increased 8.1% in March from the year earlier, based on Italy's EU-harmonised index (HICP).


ISTAT gave the following data:


Mar Feb Jan


Mth/Mth change* 0.0 0.0r +1.7 Yr/yr change** +5.8 +5.8 +6.0 Food sales (m/m) 0.0 -0.3 +2.2 Non-food sales (m/m) 0.0 +0.2r +1.3r


*seasonally adjusted
**unadjusted r=revised



(Reporting by Enrico Sciacovelli in Gdansk, editing Antonella Cinelli)

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