Trading Conditions
Products
Tools
Italy's retail sales declined unexpectedly in December, figures from the statistical office Istat showed Wednesday.
Retail sales dropped 0.5 percent month-on-month in December but slower than November's 0.7 percent decline. Sales were expected to grow 0.2 percent.
Food sales slid at a slower pace of 0.2 percent, while non-food sales declined 0.8 percent.
On a yearly basis, retail sales fell 0.2 percent in December, reversing a 0.8 percent rise in November and confounding expectations for an increase of 0.9 percent.