Monthly Decline in Italian Retail Sales

In November, Italy experienced a 0.4% decrease in retail sales compared to the previous month, as reported by the National Statistics Institute. Despite this monthly decline, there was a 1.1% increase in sales on an annual basis.

Breaking Down the Numbers

Food sales saw a slight decrease of 0.1%, while non-food goods experienced a more significant drop of 0.7% during the same period. Annually, the food sector witnessed a growth of 2.8%, contrasting with a minor 0.1% decline in non-food goods sales.

Distribution Channels Analysis

The report highlighted a positive trend in large-scale distribution for both food and non-food sectors compared to November 2023. However, all other sales channels faced a downturn, indicating a shift in consumer purchasing behaviors and preferences.