Portugal's retail sales decreased at a faster rate in June, continuing the downward trend, data released by Statistics Portugal showed Monday.
Retail sales volume declined 5.2 percent on an annual basis in June, after falling 4.4 percent in the previous month. In April, the rate of fall was 9.8 percent.
Sales of food, beverages and tobacco decreased 2.8 percent annually, while sales of non-food items fell by 7.6 percent during the month. Retail sales of non-food products, excluding fuel, were lower by 6.8 percent compared to a year earlier, data showed.
Compared to May, retail sales increased 0.3 percent in June, notably slower than the previous month's 3.4 percent growth.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.