Retail Sales in Italy

Italy Retail Sales | Economic News & Forecasts

Italy - Retail Sales

The economy edged out of recession in the first quarter of 2019, leaving behind two successive quarters of contraction. The expansion, although far from spectacular, was supported by the external sector, while domestic demand dragged on growth. However, the strengthening could prove to be a flash in the pan, given the likely influence of restocking owing to stronger-than-expected growth in the EU in Q1. Available data for Q2 reinforces such calls for caution. In April, consumer confidence slid further, while business confidence resumed the downward path that begun in mid-2018 and had been temporarily interrupted in March. A further slowing in credit growth in March-April and the increase in household savings in the same period both suggest hesitancy from consumers and businesses alike. In more positive news, the stock of banks’ bad debt fell in March following two months of increase.

Italy - Retail Sales Data

2013  2014  2015  2016  2017  
Retail Sales (annual variation in %)-2.1  -1.2  0.8  0.4  0.9  

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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 Yield2.33-0.40 %Jun 14
Exchange Rate1.120.65 %Jun 14
Stock Market20,612-0.99 %Jun 14

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