Italy July retail sales up adjusted 0.3 pct vs June; in line with expectations

Retail sales rose an adjusted 0.3 pct in July from June, in line with expectations, the statistics office ISTAT said. Economists polled by AFX News had forecast a 0.3 pct rise. Gross retail sales rose 1.1 pct year-on-year, with the strongest growth rates seen in food, pharmaceuticals, perfume and personal hygiene products.