ROME (dpa-AFX) - Italy's retail sales increased for the second straight month in September, though slightly, the statistical office ISTAT reported Thursday.
The sales value rose 0.1 percent on a monthly basis in September, slower than the 0.3 percent rebound in August. Economists had expected an increase of 0.2 percent.
Non-food product sales grew 0.3 percent monthly in September. Meanwhile, food product sales remained flat after recovering 0.7 percent in the prior month. Regarding non-food items, the largest increase was seen in IT, telecommunications, and telephone equipment, which advanced 5.7 percent.
On a yearly basis, retail sales growth accelerated to 1.6 percent from 0.5 percent.
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