The Italian statistical office Istat released its retail sales data for Italy on Thursday. Italian retail sales climbed at a seasonally adjusted rate of 0.4% in July, after a 0.4% decline in June. June's figure was revised down from a 0.3% decrease.

On a yearly basis, retail sales in Italy climbed 1.7% in July, after a 1.7% increase in June.

Sales of food products jumped 3.2% year-on-year in July, while sales of non-food products climbed by 0.8%.