Saturday, June 25, 2016

Retail sales even with a dropper – Il Sole 24 Ore

A small improvement compared to the decrease in March, but in April retail sales of Italians remain largely negative, with growth of just 0.1% from the previous month and a decline on an annual basis, both in value (-0.5%) and in volume (-0.9%). As for the food, Istat noted that sales increase by 0.2% in value and 0.1% by volume. But, compared to April 2015, decreased by 1.6% in value and 1.5% by volume.

With regard to the groups of non-food products, are recorded instead trends rather differentiated, with good performance regarding ettrodomestici, radio, TV and recorders (+ 1.5% yoy), or the jewelry products and watches (+ 1.3%). Conversely among the sectors that have lost more than April 2015 toviamo toys and pharmaceutical products.

In the middle of February-April quarter of 2016, the statement said Istat, the index value records a decrease of 0.3%. The index volume decreased by 0.1% from the previous quarter.

It should be noted that the value of retail sales decreased in both large retailers (-0.5%), and in those operating on small areas (-0.6%).

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