Track IT Retail Sales m/m to gauge consumer spending, a key driver of economic activity.
This is the main indicator of consumer spending, which constitutes the bulk of economic activity.
What it Measures
It reflects the change in total retail sales value.
Usual Effect
When the 'Actual' result exceeds the 'Forecast', it is favorable for the currency.
Source & Frequency
Istat (latest release) - https://www.istat.it/en/ • Data is released monthly, approximately 35 days after the end of the month.
How Data is Derived
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Also Known As
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Acronym
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