Retail sales up in value terms, down in volume, in 2023, Istat says. Data from the national statistics agency gives an indication of the impact of the cost-of-living crisis.

Value of retail trade rose in December 2023 for the 33rd month in a row in year-on-year terms, increasing by 0.3%, while volume sales fell by 3.2%. "Online sales grew by 1.1% when compared with December 2022," the agency said.