ROME (dpa-AFX) - Italy's retail sales stalled in February after rebounding in the previous month, the statistical office ISTAT reported Thursday.
The sales value remained unchanged on a monthly basis in February, following a 0.6 percent rise in January. Economists had expected a further growth of 0.4 percent.
Sales of food products declined 0.4 percent monthly in February, while those of non-food products increased by 0.2 percent.
Regarding non-food items, positive trends were recorded for all product groups except footwear, leather goods, and travel goods, which fell by 0.2 percent.
On a yearly basis, retail sales growth moderated to 1.6 percent in February from 2.5 percent in the prior month.
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