European Economic News

Italy's Retail Sales Continue To Fall

Retail sales in Italy continued to decline in February, the latest figures from the statistical office Istat showed Wednesday.

Sales fell 0.2 percent month-on-month in February compared with 0.4 percent drop in January. Sales of food products grew 0.2 percent from a month earlier, but sales of non-food goods fell 0.3 percent.

The unadjusted retail sales dropped 4.8 percent compared to February 2012. In annual terms, sales were down 2.8 percent in January.

by RTTNews Staff Writer

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