The retail trade index measures the monthly evolution of the turnover at current prices of businesses which are engaged in retail trade. With effect from January 2018, the indices are calculated with reference to the base year 2015, using the Ateco 2007 classification (Italian edition of Nace Rev. 2).
In April 2018, both the value and volume of retail trade show a fall respectively of -4.6% and -5.4% comparing to April 2017, following strong growth in March 2018.
Notwithstanding the monthly volatility, looking at the underlying pattern, the 3 months to April picture reports a slight decline as value decreased by 0.5% and volume contracted by 0.2%.
In April 2018, the indices of retail trade saw a monthly recession, with value falling by 0.7% and volume dropping by 0.9%.
While both large scale distribution and small scale distribution strongly decreased when compared to April 2017, the online sales increased year-on-year by 16.2%.
With the introduction of the new reference base 2015=100, the sample of the retail trade survey was redefined to include new firms, especially those operating in the e-commerce sector. Working on this bulletin, series have been revised back to 2017 to reflect newly available historical data that the Italian National Institute of Statistics recently managed to obtain.