Portugal’s retail sales declined for the second straight month in November, figures from Statistics Portugal showed on Tuesday.

Retail sales fell 5.1 percent year-on-year in November, following an 0.4 percent decrease in October. In September, sales grew 0.6 percent.

Sales of non-food products decreased 9.7 percent annually in November and those of food products fell 9.3 percent.

On a month-on-month basis, retail sales dropped 3.2 percent in November, after a 1.7 percent rise in the preceding month. Sales declined for the first time in three months.

The material has been provided by InstaForex Company – www.instaforex.com


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