{"id":42369,"date":"2013-09-26T05:38:59","date_gmt":"2013-09-26T09:38:59","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=42369"},"modified":"2013-09-26T05:38:59","modified_gmt":"2013-09-26T09:38:59","slug":"retail-sales-in-italy-drops-exceeding-analysts-forecasts","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2013\/09\/26\/retail-sales-in-italy-drops-exceeding-analysts-forecasts\/","title":{"rendered":"Retail Sales In Italy Drops, Exceeding Analysts\u2019 Forecasts"},"content":{"rendered":"

By HY Markets Forex Blog<\/a><\/u><\/strong> <\/p>\n

Retail sales in Italy declined for the second month in July, with a fall of 0.3% month-on-month in July, compared to previously recorded 0.2% fall in June and exceeding analysts\u2019 forecast of 0.1%, according to reports from the National Institute of Statistics (Istat).<\/p>\n

Retail sales edged 0.9% lower on an annual basis, after a 3% drop in June while analysts estimated a 2.8% drop.<\/p>\n

Retail Sales – Consumer Prices<\/h2>\n

In Italy, inflation rose to 0.4% in August, Istat reported on September 12. While on an annual basis, inflation advanced 1.2% in August.”The stability of Italian inflation was mainly the result of opposite movements,” Istat reported.<\/span>The reports showed that the annual growth of food and non-alcoholic beverages prices was growing at a slower pace.<\/p>\n

The Index of wages measures the growth of wages and salaries, which are determined by the contractual provisions, set by agreements.<\/p>\n

At the end of July 2013, the coverage rate was at 47.3% when it came down to employees, while the total amount of wages was summed up to 45.8%.<\/p>\n

In July, the hourly index rose by 0.1% while the per employee index remained unchanged, compared to July last year, the indices both advanced by 1.5%. Between January- July 2013, the hourly wage index rose by 1.4%, while the per employee index increased by 1.5%.<\/p>\n

Italy\u2019s GDP<\/h2>\n

The economic output for Italy was seen falling in the second quarter of this year, the preliminary figures confirmed on August 6 by Istat.<\/p>\n

The flash second-quarter for Italy\u2019s gross domestic product (GDP) dropped 0.2% quarter-on-quarter after a decline of 0.6% in the past three month period. Analysts predicted a fall of 0.4%.<\/p>\n

Italy\u2019s GDP declined 2.0% in the second quarter on an annual basis.<\/p>\n

 <\/p>\n

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The post Retail Sales In Italy Drops, Exceeding Analysts\u2019 Forecasts<\/a> appeared first on | HY Markets Official blog<\/a>.<\/p>\n

Article provided by HY Markets Forex Blog<\/a><\/u><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

By HY Markets Forex Blog Retail sales in Italy declined for the second month in July, with a fall of 0.3% month-on-month in July, compared to previously recorded 0.2% fall in June and exceeding analysts\u2019 forecast of 0.1%, according to reports from the National Institute of Statistics (Istat). Retail sales edged 0.9% lower on an … <\/p>\n

Continue reading “Retail Sales In Italy Drops, Exceeding Analysts\u2019 Forecasts”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-42369","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/42369","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/comments?post=42369"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/42369\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=42369"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=42369"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=42369"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}