Retail sales dropped 0.1% in volume in March - Istat

Sales flat in value terms says statistics agency

By: ansa.it

May 08 2024
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Retail sales dropped 0.1% in v

Retail sales were flat in value terms in March with respect to February and dropped by 0.1% in volume, Istat said on Wednesday.
    The national statistics agency said retail sales were up by 2% in March in value compared to the same month in 2023 but increased by just 0.3% in volume terms year-on-year.
    "Comparing March 2024 to the same month of the previous year, large-scale distribution experienced a growth of 6.1%, whereas other distribution channels saw declines; small-scale distribution decreased by 1.5% and non-store retail sales dropped by 2.6%," Istat said.
    "After a consecutive five-month upward trend, online sales exhibited a contraction of 2.4% when compared with March 2023".