Rome

Italian retail sales mark 10th consecutive annual drop

Food sector fares worst, down 4.5%

Italian retail sales mark 10th consecutive annual drop

Rome, June 25 - Italian retail sales in April were down 0.1% from March and 2.9% on the year, marking the 10th consecutive annual drop, national statistics agency Istat reported Tuesday. The food sector suffered the worst in April, with sales dropping 0.7% since March and 4.5% on the year. Italy is currently experiencing its deepest recession in two decades.

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