According to data released by ISTAT, in January 2011 the seasonally adjusted index of retail sales (current value that incorporates the dynamics of both quantity and price) decreased by 0.3% compared to December 2010. In the average of November 2010-January 2011 quarter the index fell by 0.1% over the immediately preceding quarter.
The food sales down by 0.5% compared to December 2010, the non-food products by 0.2%. Compared to January 2010, the raw index shows a decrease of 1.2%.
The decrease in sales volumes compared with the month of January 2010 is derived from negative changes of 0.9% for sales of retail and 1.4% for firms operating in small surfaces.
Compared to the same month last year, both sales of food and non-food products down by 1.2%.
Sales of all groups of non-food products suffer a decline in trend terms, with the exception of the footwear, leather goods and luggage, which marks no change.