(Reuters) -Italian retail sales fell 0.5% in March from the month before, data showed on Wednesday, following a 0.1% rise in February.
Sales fell 2.8% in unadjusted year-on-year terms in March, ISTAT said.
The data are expressed in value terms and are not adjusted for consumer prices, which increased 2.1% in March from the year earlier, based on Italy’s EU-harmonised index(HICP).
ISTAT gave the following data:
Mar Feb Jan
Mth/Mth change* -0.5 +0.1 -0.4
Yr/yr change** -2.8 -1.4r +0.9
Food sales (m/m) -0.5 +0.2r -0.4r
Non-food sales (m/m) -0.3 0.0 -0.5
*seasonally adjusted
**unadjusted
r=revised
(Reporting by Enrico Sciacovelli, editing by Valentina Consiglio)
