Market news

8 June 2021

Italy's retail sales continued to decline in April

According to the report from Istat, in April 2021 estimates for seasonally adjusted index of retail trade decreased by 0.4% in value terms, likewise volume was down 0.5% in the month on month series. In April 2021 total retail sales levels for both value and volume were still lower than pre-pandemic levels of February 2020.

In the three months to April 2021 both value and volume of sales increased by 4.3% when compared with the previous three-month period.

Year on year, value of retail trade rose by 30.4% and volume sales grew by 31.5% comparing to April 2020 when the closure of non-essential retail stores was introduced across Italy during the first national lockdown.

In April 2021, all channels of distribution increased when compared with April 2020. Large-scale distribution was up 22.8%, small-scale distribution grew by 38.1% and non-store retail sales rose by 61.0%.

Online sales continued to grow in April 2021, rising by 35.2% when compared with the same period a year earlier.

Looking at the value of sales for non-food products, all sectors witnessed growth.

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.42% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.