Retail Sales in Italy

Italy Retail Sales | Economic News & Forecasts

Italy - Retail Sales

The economy remained anemic in the third quarter, with GDP only just mustering an expansion for the fourth consecutive quarter. The external sector subtracted from growth, hit by headwinds blowing from Germany. In contrast, domestic demand timidly supported the expansion, although it was restrained by stifled credit extension, gloomy economic prospects, muted wage increases and some job shedding. Indicators for October suggest a similar pattern at the outset of the fourth quarter: Consumer sentiment slid, business confidence was downbeat and the manufacturing PMI dipped further into contractionary terrain. Meanwhile, infighting among partners of the governing center-left coalition intensified following the center-right coalition’s landslide victory in local elections at the end of October. This will make governing more precarious and highlights that political risks remain substantial.

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 Yield0.82-0.40 %Sep 04
Exchange Rate1.100.65 %Sep 04
Stock Market21,738-0.99 %Sep 04

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