The retail trade index measures the monthly evolution of the turnover at current prices of enterprises with retail sale outlets. With effect from January 2013, the indices are calculated with reference to the base year 2010 using the Ateco 2007 classification (Italian edition of Nace Rev. 2).
Year-on-year estimates of retail trade index showed falls in December 2017, decreasing by 0.1% in terms of value and 0.9% in terms of volume. For the whole of 2017, value of sales grew by 0.2% while volume contracted by 0.6%.
Looking at the quarterly movement (Quarter 4), the 3 months to December 2017 pattern stays relatively flat (+0.1%). In the same period the volume of retail trade decreased by 0.2%, due to a decline in food sales.
The month-on-month picture reported falls in December 2017 as both value index and volume index decreased by 0.3%.
Compared with December 2016, large scale distribution stores increased by 1.9%, while
small and medium scale distribution fell by 1.7%.