Retail sales in Italy declined less than expected in May, the latest report from the statistical office Istat showed Thursday.
Sales declined 0.2 percent month-on-month in May. The rate of decline was marginally weaker than the 0.3 percent fall expected by economists.
Retail sales of food articles rose 0.4 month-on-month in May. Trade in non-food goods fell 0.4 percent.
On an annual basis, retail sales slipped 2 percent compared to forecast of a 4.7 percent decline.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.