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Italy’s retail sales fell in July

by ChemOrbis Editorial Team -
  • 26/09/2016 (17:16)
According to data from Italy’s statistics office Istat, the country’s retail sales declined in July as shoppers did not make enough contribution to support the country’s stalling economic recovery.

Istat data shows that Italy’s retails sales were down by 0.3% from the previous month while economists were expecting a flat reading. Meanwhile, retail sales are 0.2% lower than the same month last year, missing economists’ expectations of a 0.3% yearly improvement.
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