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Italy Retail Sales Rebound In September

Italy's retail sales grew for the first time in three months in September, data from the statistical office ISTAT showed on Thursday.

Retail sales rose a seasonally adjusted 0.7 percent month-on-month in September, reversing a 0.5 percent fall each in August and July.

Sales of non-food products gained 0.8 percent on month in September and that of food products rose by 0.5 percent.

On a yearly basis, the retail sales value rose 0.9 percent in September, after a 0.8 percent increase in the preceding month.

In volume terms, retail sales fell 0.8 percent month-on-month after a 0.6 percent slump in August.

On a year-on-year, retail sales volume grew 0.7 percent in September, following a 0.6 percent increase in the previous month.

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