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Learn to Read Forex Calendar to Ensure Successful Forex Trading August 5, 2022
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Italian Retail Sales Increased 1.9% in May

by
July 11, 2022
in Economics
Reading Time: 1 min read
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Italian Economic in sales sector May 2022 estimates for a seasonally adjusted index of value sales increased by 1.9% in the month-on-month series, while volume rose by 1.5%.

In the three months to May 2022 value of sales grew by 1.1%, while sales volume slightly dropped, falling by 0.1% when compared with the previous three-month period.

In May 2022 both value and volume of retail trade continued to grow for the 15th month in the year-on-year series. Value sales increased by 7.0% and volume sales rose by 2.7% compared to May 2021.

In May 2022, when compared with the same month a year earlier, large-scale distribution was up 6.2%, small-scale distribution rose by 7.3% and non-store retail sales grew by 5.3%.

Online sales grew by 15.5% in May 2022 when compared with May 2021.

Looking at the value of sales for non-food products, all sectors experienced growth. The largest increases were reported for Shoes, leather goods and travel items (+15.6%) and Clothing (+13.2%), whereas the smallest growth was reported for Stationery, books, newspapers and magazines (+2.0%).

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