Italy’s retail sales grew in October after falling in the previous month, data from the statistical office ISTAT showed on Friday.

The retail sales value rose a seasonally adjusted 0.6 percent month-on-month in October, after a 0.7 percent fall in September. In August, retail sales grew 8.2 percent.

Sales of foods gained 0.8 percent monthly in October and non-food sales rose 0.3 percent.

On an annual basis, retail sales rose 2.9 percent in October, after a 1.4 percent increase in the previous month.

Online sales grew 54.6 percent yearly in October.

The retail sales volume increased 0.2 percent monthly in October and rose by 2.5 percent from a year ago.

The material has been provided by InstaForex Company – www.instaforex.com

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