Index of value sales in Italy falls by 0.4% MoM in Aug, volume by 1.1%

While the value of retail trade continued to grow year over year (YoY) for the 18th month in a row in August this year, gaining 4.3 per cent, volume sales contracted by 2.1 per cent YoY.

In August, large-scale distribution was up by 6.2 per cent YoY, small-scale distribution increased by 2.2 per cent YoY and non-store retail sales rose by 3.9 per cent YoY, the country’s statistical agency said in a release.

Online sales were up by 3.7 per cent YoY in August.

ALCHEMPro News Desk (DS)