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Portugal Retail Sales Rise At Slower Rate In June

Portugal's retail sales increased at a slower rate in June, a report from Statistics Portugal showed Wednesday.

Retail sales grew 0.1 percent year-over-year in June following the 1.8 percent increase in May. It was the second consecutive month of sales growth.

Sales decreased 1.3 percent from May, when they grew 2.9 percent. It was the biggest fall in three months.

In the second quarter, retail sales increased 0.5 percent from a year ago and 1.6 percent from the previous three months.

Employment in the retail industry grew 0.2 percent annually in June.

by RTTNews Staff Writer

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