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- Italy's retail sales increased in December
Italy's retail sales increased in December
According to the report from Istat, in December 2020 estimates for seasonally adjusted index of retail trade increased by 2.5% in the month on month series, both in value and volume terms.
In the 4th quarter of 2020, value of sales dropped by 1.5% and volume fell by 0.8% when compared with the previous quarter.
Year on year, value of retail trade decreased by 3.1%, with a 9.4% fall in non-food sales and a 6.6% increase in food sales. Volume sales contracted by 3.2%.
In December 2020, all channels of distribution, besides e-commerce, continued their fall when compared with December 2019. Large-scale distribution was down 2.5% year on year, small-scale distribution dropped by 6.6% and non-store retail sales decreased by 12.3%.
Online sales continued their rise in December 2020, with sales up by 33.8% compared with the same period a year earlier.
Looking at the value of sales for non-food products, among all other sectors, clothing reported the largest annual fall at negative 23.4%, followed by shoes, leather goods and travel items (-14.6%). Growths were only reported for computers and telecommunications equipment (+15.3%), tools (+2.3%) and furniture, textile items and household furnishings (+0.5%).
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