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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 Tuesd
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  • 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.

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).