Italy retail sales rise 1.7% m/m in January

(Reuters) – Italian retail sales rose 1.7% in January from the month before, data showed on Wednesday, following a 0.2% fall in December.

Sales rose 6.2% in unadjusted year-on-year terms in January, ISTAT said.

The data are expressed in value terms and are not adjusted for consumer prices, which increased 10.7% in January from the year earlier, based on Italy’s EU-harmonised index (HICP).

ISTAT gave the following data:

JAN DEC NOV

Mth/Mth change* +1.7 -0.2 +0.9r

Yr/yr change** +6.2 +3.6r +4.4

Food sales (m/m) +2.2 +0.1 +0.7r

Non-food sales (m/m) +1.4 -0.5r +1.0r

*seasonally adjusted

**unadjusted

r=revised

(Reporting by Alessandro Parodi; editing by Antonella Cinelli)

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