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Italy Retail Sales Fall In July

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Italy Retail Sales Fall In July

Italy’s retail sales fell in July after rising in the previous month, data from the statistical office ISTAT showed on Friday.

Retail sales declined 0.5 percent in July, after a 1.9 percent rise in June. In May, sales fell 0.6 percent.

Sales of food products dropped 0.1 percent monthly in August and that of non-food goods fell by 0.7 percent.

On an annual basis, retail sales rose 2.6 percent in July, following a 1.3 percent increase in the preceding month.

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