Italy's retail sales increased at a faster-than-expected pace in April after falling in the previous month, the statistical office ISTAT reported Thursday.
The sales value rose 0.7 percent on a monthly basis, reversing a 0.4 percent decrease in March. Sales were expected to rise by 0.2 percent.
Retail sales of food goods grew 1.3 percent in April after falling 0.4 in the prior month. Non-food sales also rebounded 0.2 percent versus a 0.3 percent fall in March.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.