Based on the forecasted data, retail trade sales in Italy are expected to remain stagnant over the next five years, with a consistent year-on-year change of -0.13% from 2024 to 2028. This indicates a lack of growth in the retail sector, suggesting possible challenges in demand, consumer confidence, or economic conditions affecting retail sales overall. As of 2023, real values of retail trade sales need to be considered to understand the full impact of these forecasts.
Future trends to watch for in the retail market include:
- Technological advancements and digitalization that could disrupt traditional retail models.
- Shifts in consumer preferences towards sustainable and eco-friendly products.
- Economic policies and regulatory changes impacting disposable income and spending habits.
- Global economic conditions and their effect on import-export dynamics in Italy’s retail sector.