Italy's seasonally-adjusted Dec retail trade index value up 0.6% MoM

On a year-on-year (YoY) basis, the value of retail trade rose by 0.6 per cent, while volume slightly increased by 0.1 per cent in Q4 2024.

In the fourth quarter (Q4) last year, the value of retail sales grew by 0.3 per cent quarter on quarter (QoQ), while sales volume dropped by 0.2 per cent QoQ.

In December 2024, large-scale distribution saw a YoY growth of 1.9 per cent, small-scale distribution decreased by 1.5 per cent YoY and non-store retail sales declined by 1.7 per cent YoY. Online sales grew by 7 per cent YoY in the month.

Within the non-food product category, YoY performance showed mixed results, Istat said in a release.

In 2024 as a whole, value of sales increased by 0.7 per cent YoY, while volume of sales fell by 0.4 per cent.

ALCHEMPro News Desk (DS)