Retail sales in Italy fall

Note: This section contains information in English only.
Source: Marketwatch
© Scanpix/AFP

Italian retail sales have been decreasing for five months signaling on the worsening situation in the third-largest EU economy. Retail sales declined by 0.4% in September, Istat reported. Economists projected sales to be flat. Total decline in sales for Q3 is estimated as 0.6%. Industrial production also fell in Q3 contributing to bleak economic outlook of Italy.

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