Martedì, 16 Ottobre 2018

March retail sales fall 3% compared with same time in 2012


Rome, May 23 - Retail sales in March fell by 3%
compared with the same period last year, national statistics
agency Istat reported Thursday.
The decline is due primarily to a drop in sales of non-food
items, which fell by 6.1%.
That dramatic drop was partly offset by a rise of 2% in
spending on food, attributed mainly to the Easter holiday in
Measured on a monthly basis, retail sales fell by 0.3%
compared with February.
The drop in retail sales is yet another sign of the
lingering recession that is biting hard into consumer budgets
and as a result, hitting the retail sector.

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