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Italy Retail Sales Fall At Faster Rate In August

Italy's retail sales declined at a faster rate in August, data from the statistical office ISTAT showed Friday.

Retail sales fell 3.1 percent year-over-year in August following the 1.7 percent drop in July.

Food sales slid 3.7 percent and non-food sales declined 2.5 percent.

On a month-over-month basis, retail trade decreased 0.1 percent in August, the same rate as in July.

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