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Istat: retail sales collapse, -3,2% in July

Both large-scale distribution (-2,3%) and small shops (-3,8%) were down – in the first seven months of the year, the decline was 1,7% on an annual basis.

Istat: retail sales collapse, -3,2% in July

The crisis stifles more and more consumption. Retail sales in Italy plunged 3,2% year-on-year in July, with food items down 2% and non-food items down 3,8%. This was noted by Istat, specifying that compared to June the decline was 0,2%, with -0,1% for food products and -0,3% for non-food products.

In the May-July quarter, Istat underlines again, retail sales decreased by 1% compared to the previous three months (seasonally adjusted data). In the first seven months of the year, on the other hand, there was a drop of 1,7% on an annual basis, the result of a slight decline for food products (-0,1%) and a sharper drop for non-food (-2,4%).

The sales trend by distribution form - adds the statistical institute - shows, in comparison with July last year, a decline both for large-scale distribution (-2,3%) and for small shops (-3,8. XNUMX%).

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