(ANSA) - ROME, FEB 7 - Istat said Wednesday that Italian
retail sales increased by 2.8% in value terms in 2023, but the
volume of sales fell by 3.7% compared with 2022.
The data from the national statistics agency gives an indication
of the impact of the cost-of-living crisis, with consumers
paying more to have less.
Istat said that the value of retail trade rose in December 2023
for the 33rd month in a row in year-on-year terms, increasing by
0.3%, while volume sales fell by 3.2%.
"In December 2023, when compared with the same month a year
earlier, large-scale distribution was up 1.9%, small-scale
distribution decreased by 1.2% and non-store retail sales
dropped by 3.3%," the agency said.
"Online sales grew by 1.1% when compared with December 2022".
(ANSA).
Retail sales up in value terms, down in volume, in 2023
Value up 2.8%, volume down 3.7% says Istat