Italy's retail sales decreased unexpectedly for the second straight month in September, the statistical office ISTAT reported Wednesday.
The sales value dropped 0.5 percent on a monthly basis in September versus a 0.2 percent fall in the previous month. Meanwhile, economists had expected sales to rise by 0.1 percent.
The retail sale value of food products and non-food items dropped by 0.4 percent and 0.5 percent, respectively, compared to last month.
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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.