Italy Retail Sales n.s.a (YoY) climbed from previous -26.3% to -11.9% in May

Jul 7, 2020

Italy Retail Sales s.a. (MoM) rose from previous -10.5% to 25.2% in May

EU Commission: Severe risks to the economic outlook, tilted to the downside

Sees EU area 2020 GDP at -8.7% vs. the previous forecast of -7.7%. Cuts Spain growth estimate for 2020 To -10.9% from -9.4%. Downgrades Italy growth e