Retail Sales in Italy

Italy Retail Sales | Economic News & Forecasts

Italy - Retail Sales

Italian voters will elect a new parliament on 4 March. Although polls suggest that a centrist grand coalition is the most likely outcome, a center-right government is not outside the realm of possibility. While Italy is in dire need of deep economic reforms as the pace of growth remains well below that of its European peers, it is unlikely bold reforms will be implemented. Nevertheless, the economy is faring reasonably well, and GDP growth continued at a decent pace in Q4 despite losing some steam. Moreover, recent survey-based indicators suggest that economic growth has been broadly stable in Q1. In January, business and consumer confidence remained elevated, despite weakening, and the manufacturing sector continued to see robust expansions in output and new orders. While concerns over the banking sector persist, the situation appears to be improving: The volume of Non-Performing Loans continued to decrease in December, down more than a quarter from the previous year’s peak.

Italy - Retail Sales Data

2012  2013  2014  2015  2016  
Retail Sales (annual variation in %)-1.7  -2.1  -1.1  0.8  0.0  

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Italy Retail Sales Chart

Italy Retail
Note: Annual variation of real retail sales in %.
Source: National Statistical Institute (ISTAT) and FocusEconomics calculations.

Italy Facts

Bond Yield1.88-0.40 %Mar 22
Exchange Rate1.230.65 %Mar 22
Stock Market22,398-0.99 %Mar 22

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