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Retail sales down 1.1% in June says ISTAT

Year-on-year sales also down in volume terms says agency

(ANSA) - ROME, AUG 3 - Retail sales fell by 1.1% in value terms and 1.8% in volume in June with respect to May, ISTAT said on Wednesday.
    The national statistics agency said sales were up 1.4% in value terms with respect to June 2021 but dropped by 3.8% in volume.
    It said the big difference between the year-on-year data for value and volume was linked to the significant price rises that have been registered.
    It was the first the first year-on-year drop in volume sales since February 2021.
    In the second quarter of 2022 value of sales grew by 1.1%, whereas volume of sales fell by 0.3% when compared with the previous quarter, ISTAT said. (ANSA).


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