Italy retail sales fall 0.6pc m/m in August

• Italian retail sales fell 0.6pc in August from the month before, national statistics bureau ISTAT reported on Tuesday.
• The data are expressed in value terms and are not adjusted for consumer prices.

ROME: Italian retail sales fell 0.6pc in August from the month before, national statistics bureau ISTAT reported on Tuesday, following a 0.6pc decrease in July.

ISTAT revised down July's data from an originally reported 0.5pc fall.

Sales rose 0.7pc in unadjusted year-on-year terms in August, ISTAT said, following a 2.4pc rise (revised from +2.6pc) the previous month.

The data are expressed in value terms and are not adjusted for consumer prices, which increased 0.5pc in August from the year earlier, based on Italy's EU-harmonised index (HICP).