Economy And The Numbers
FONT-SIZE Plus   Neg
mail  E-MAIL

Italian Retail Sales Fall More Than Forecast

5/23/2013 4:20 AM ET

Italy's retail sales fell 0.3 percent in March from the prior month, data from the statistical office Istat showed Thursday. The rate of decline exceeded a 0.1 percent drop forecast by economists.

An increase of 0.4 percent in food sales was offset by a 0.8 percent fall in non-food sales.

On a yearly basis, retail sales declined 3 percent, it said. During the first quarter, retail trade slipped 0.1 percent from the previous three months.

by RTT Staff Writer

For comments and feedback:

Economic News

comments powered by Disqus