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Portugal Retail Sales Decline In September

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Thursday, the Statistics Portugal said in a report that the retail sales decreased 1.3% year-on-year in September, compared to the 2.3% fall in the previous month.

Meanwhile, retail sales, excluding fuel dropped 0.8% in September, after falling 1.9% in August.

On a monthly basis, retail sales dropped 2% in September, compared to the 0.6% fall in the preceding month.

The wages and salaries increased 4% on an annual basis in September, compared to the 6.4% growth in the previous month. At the same time, employment and the number of hours worked declined by 1.9% and 1.5%, respectively.

Thursday, the Statistics Portugal said in a report that the retail sales decreased 1.3% year-on-year in September, compared to the 2.3% fall in the previous month. (Market News Provided by RTTNews)

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