Italian retail sales up by 0.7%

Friday, 23 March 2012 02:40

According to Istat, retail sales in Italy increased by 0.7% in January, exceeding expectations for only 0.2% growth.

Previous month’s data was revised to 0.8% decrease.

Comparing with 2011 retail sales declined for a ninth successive time by 0.8%, after losing 3.7% volume of sales in December.