Italy retail sales fall 0.5% m/m in March

(Reuters) -Italian retail sales fell 0.5% in March from the month before, data showed on Wednesday, following a 0.1% rise in February.

Sales fell 2.8% in unadjusted year-on-year terms in March, ISTAT said.

The data are expressed in value terms and are not adjusted for consumer prices, which increased 2.1% in March from the year earlier, based on Italy's EU-harmonised index(HICP).

ISTAT gave the following data:

Mar Feb Jan

Mth/Mth change* -0.5 +0.1 -0.4

Yr/yr change** -2.8 -1.4r +0.9

Food sales (m/m) -0.5 +0.2r -0.4r

Non-food sales (m/m) -0.3 0.0 -0.5

*seasonally adjusted

**unadjusted

r=revised

(Reporting by Enrico Sciacovelli, editing by Valentina Consiglio)

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