Italian retail sales gain 0.4% in June

Note: This section contains information in English only.
Source: Forexpros
Italian retail sales gained in June, while the result was unexpected, as the Eurozone's third biggest economy is in a recession. The economists had anticipated a drop of 0.2 per cent, while Italian retail sales rose by a seasonally adjusted 0.4 per cent in June. In the meanwhile, Italy entered a recession in the end of 2011, and nation's economy shrank by 0.7 per cent between April and June 2012.

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