Thursday, March 24, 2016

still weak consumer spending in January. Male small shops – Il Sole 24 Ore

History of the article

Close

This article was published March 24, 2016 at 20:08 hours.
the last change is the March 24, 2016 at 20:08.

No jolt of Italian consumers in January: according to Istat, over the month previous paper, the value of sales at retail shows no variation compared to December 2015 and were down by 0.8% on an annual basis.

This is the broader downward trend for over a year (Nov. 2014). The decrease in sales amount to 2% for small businesses and grace large retailers, up + 0.6%. Are rising mainly sales of specialized stores (+ 3.9%), department stores selling non-food products such as clothing or furniture.

The comparison on a monthly basis show that the value of sales remained unchanged with regard to food, whereas it increased by 0.1% for non-food. But, looking at unit sales, the year-an increase of 0.3% for food and conversely a decrease of 0,1% for non-food.

Looking at the types of businesses, the ‘Istat notes that, from a year earlier in January has increased the value of sales of large retailers (+ 0.6%), while it decreased that of small shops (-2%).

Inside the retail world, then, it is reported that in January, there was an increase in both sales of specialized stores (+ 3.9%) and in sales of non-specialized stores (+ 0.1%). Among the latter, the sales of predominantly food stores decreased to 0.2%, while those of non-food stores increased by 2.1% prevalence. In particular, as regards the exercises in non-specialized food predominating, diminish the store of hypermarkets and supermarkets (-0.4% and -0.3% respectively) while increasing those of the discount (+ 0.8%).

“The 2016 begins in a non-positive,” said the president of Federdistribuzione, Giovanni Cobolli Gigli, who observed that “even the balances, despite expectations from consumers and businesses, have failed to boost consumption, after the euphoria of the summer of 2015 were again flat ‘For Confcommercio today’s data “confirm the persistence of a phase of weakness in consumption, especially in relation to frequently purchase goods, which impacts even on small surfaces with a sharp reduction after several months of moderate improvement. ”



Permalink

LikeTweet

No comments:

Post a Comment