Italy's retail sales increased more-than-expected in January after falling in the previous month, the statistical office ISTAT reported Thursday.
The sales value rose 0.6 percent on a monthly basis in January, reversing a 0.7 percent fall in December. Economists had expected a rebound of 0.2 percent. Moreover, this was the fastest growth in nine months.
The retail sale value of food products and non-food items climbed by 1.1 percent and 0.2 percent, respectively, compared to last month. Regarding non-food items, the most significant increases were observed in IT, telecommunications, and telephone equipment.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.