61556
Italy Retail Sales Rise
Italy Retail Sales Rise

Italy Retail Sales Rise

Italy Retail Sales Rise

Italy’s retail sales increased at a faster-than-expected pace in January, after falling in the previous two months, preliminary figures from the statistical office Istat showed Wednesday, RTT reported. Retail sales climbed a seasonally adjusted 1.4% month-over-month in January, reversing a 0.5% drop in December. Economists had expected only a 0.2% rise for the month. Sales of food products grew 2.3% over the month and those of non-food products went up by 0.8%. On a yearly basis, retail sales edged down 0.1% in January, following a 0.2% decrease in the prior month. Meanwhile, it was forecast to increase by 0.8%.

 

Short URL : https://goo.gl/ND2Ggh
  1. https://goo.gl/OrJ3UH
  • https://goo.gl/19oTX9
  • https://goo.gl/Kh3Ie1
  • https://goo.gl/uclgFl
  • https://goo.gl/RdUJgm

You can also read ...

Close to 40% of digital transformation initiatives will be supported by AI capabilities.
The digital economy in Asia-Pacific, or APAC, is expected to...
An electronic stock indicator of a securities firm in Tokyo.
As investors come to terms with the impending end of easy...
Most economists would agree that Italy needs faster economic growth if it is to resolve its public debt  and banking-sector problems in an orderly manner.
Italy’s economy is growing again, but it’s still the worst...
Maersk is expanding its competitive universe to include different types of companies.
The world’s largest container company will start looking for...
Lloyds Profits Miss Forecasts
Lloyds Banking Group PLC raised its 2017 dividend by 20% and...
CBs May Top Inflation Targets
Not only will central banks meet their inflation targets, they...
Pak Current Account Gap Widens
Pakistan’s current account deficit widened 28.74% on a month-...
NZ Says Pacific Trade Deal Will Boost GDP
New Zealand estimates a Pacific trade deal would boost its...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus