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Italy Retail Sales Fall 0.2% On Lower Non-Food Demand

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Italian retail sales decreased slightly at the end of the year after recovering in the previous month, driven by a fall in non-food goods, data from the statistical office ISTAT showed on Wednesday.

The value of retail sales dropped 0.2 percent month-on-month in December, reversing a 0.8 percent rebound in November. Economists had forecast a 0.8 percent fall.

Sales of non-food goods fell 0.4 percent monthly in December, while sales of food products showed an increase of 0.1 percent versus a 0.9 percent gain in November.

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