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Italian retail sales fall

Down 0.7% in May on April, 0.5% on same month in 2013

Redazione Ansa

(ANSA) - Rome, July 24 - Italian retail sales fell 0.7% in May with respect to April and were 0.5% down on the same month in 2013, national statistics agency Istat said Thursday.
    The agency said the sale of food products suffered a particularly sharp drop, falling 1.2% on April.
    It added that the only food retailers to buck the negative trend were discount supermarkets, whose sales were up 2.4% in May on last year.
    The figures are another sign that the Italian economy is struggling to recover from its longest postwar recession.
    In April retail sales had increased 0.3% on March and 2.7% on the same month in 2013, but Istat that this was largely due to the effects of Easter spending.
   

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