# Italy inflation-adjusted retail sales fell in 2022
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2023-02-08
Category: FINANCE
Category URL: https://financedigest.com/category/finance
Meta Title: Italian Retail Sales 2022: Value Up, Volume Down
Meta Description: Discover how Italian retail sales in value terms grew by 4.6% despite volume decrease, with soaring energy prices driving consumer price inflation to 8.7% in
URL: https://financedigest.com/italy-inflation-adjusted-retail-sales-fell-in-2022html

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ROME (Reuters) -Italian retail sales increased in value terms but decreased in volume in 2022 compared to the previous year, with consumers suffering from high inflation, data showed on Wednesday.

National statistics bureau ISTAT reported that sales increased 4.6% in value terms against a 0.8% decline in volume, with the contraction in food goods (-4.2% in volume) outweighing a 1.9% increase in non-food products.

Consumer price inflation in Italy based on the EU-harmonised index grew by 8.7% in 2022 – the largest increase in more than 30 years – driven by soaring energy prices.

In December alone retail [sales fell 0.7% percent in volume terms after a +0.4% rise](https://www.financedigest.com/mercedes-posts-rise-in-q1-sales-boosted-by-evs-premium-cars.html "Mercedes posts rise in Q1 sales boosted by EVs, premium cars") in November.

In unadjusted year-on-year terms they were down 4.4%.

(Reporting by Valentina Consiglio, editing by Gavin Jones)


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