Italy: Retail sales rise 1.9% m/m in May

Rome: Italian retail sales rose 1.9% in May from the month before, data showed on Monday, after a 0.3% increase in April.

National statistics institute ISTAT marginally revised up April’s data from an originally reported 0.0% data.

Sales rose 7.0% in unadjusted year-on-year terms in May, ISTAT said.

The data are expressed in value terms and are not adjusted for consumer prices, which increased 7.3% in May from the year earlier, based on Italy’s EU-harmonised index (HICP).