ITALY DATA: September retail sales fell 0.4% m/m in..

ITALY DATA: September retail sales fell 0.4% m/m in SA nominal
terms on a drop in both food and non-food sales, posting the fifth
consecutive m/m decline. In y/y terms, retails sales fell 1.6%, down
from -0.3% in August.
–The three month-moving average contracted 0.6% in the months from
July to September, compared with the previous 3 months.
–Food sales fell 0.2% m/m and gained 0.7% y/y; non-food sales fell
0.4% m/m and contracted by 2.5% on the year.