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Italy Oct Retail Sales Decline At Faster Pace

The pace of decline in Italy's retail sales quickened in October, figures from the statistical office Istat showed Tuesday.

Retail sales dropped 0.8 percent year-on-year in October, faster than September's 0.6 percent decline. This was the sixth consecutive decline.

Food sales fell 0.5 percent and non-food sales dropped 1 percent in October.

On a monthly basis, retail sales remained flat in October, the same as in September. Both food and non-food were unchanged over the month in October.

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