Eurozone Retail PMI fell to 49.9

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Monday, Mar 06 2017

Eurozone Retail PMI fell to 49.9

February saw a further broad stagnation in eurozone retail sales. Following a similar story to the previous month, increases in both France and Germany were offset by another marked contraction in Italy. The headline Markit Eurozone Retail PMI dipped to 49.9 in February, from 50.1 in January, and signalled little change in the level of sales in the eurozone retail sector.

Sales were down when compared to the same month one year previously. Each of the big-three eurozone economies monitored by the survey reported a drop in year-on-year sales during February, led by a sharp contraction in Italy.

More in this category: « Australian Retail Sales in line with market expectations Sentix Investor Confidence at the highest level since March 2011 »

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