Eurozone Retail PMI rose to 52.4

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Wednesday, Dec 06 2017

Eurozone Retail PMI rose to 52.4

November saw an eighth consecutive monthly rise in like-for-like sales at eurozone retailers, thereby extending the longest period of growth seen since 2006. Rates of expansion quickened in Germany and France, while monthly retail sales fell slightly in Italy, reversing the trend seen in the previous two months.

The headline IHS Markit Eurozone Retail PMI® which tracks the month-on-month changes in retail sales in the bloc‟s biggest three economies combined – rose to 52.4 in November, from 51.1 in October. Sales were also up on an annual basis, thereby reversing the trend seen in the previous month.

More in this category: « German Factory Orders increased by 0.5% Number of employed up by 190,000, ADP reports »

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