Retail sales decreasing for five month in Italy

Retail sales in September.decreased for the fifth consecutive month in Italy, that is Europe's third largest economy.

The retail sales declined by 0.4 percent in September, seasonally adjusted, compared with the previous month. Analysts surveyed by Dow Jones expected a stagnation in September.

Italian retail sales in the third quarter of this year was 0.6 percent lower than in the previous three months – reports MTI.