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Posted: Mon 20:26, 18 Nov 2013 Post subject: " Markit said. |
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Eurozone retail PMI negative but rate of decline slows
BRUSSELS, May 30 () -- The monthly Purchasing Managers Index for retailers in the eurozone rose to an eight-month high in May but remains weak, a private research firm said.The index rose to 46.8 with retail sales in Germany at the strongest rate in almost a year, research firm Markit economics said. The index indicates contraction with numbers less than 50.Retail in Germany returned to growth and the rate of decline slowed in France and Italy,[url=http://www.ksacinc.com/cheapbeats/?]cheap beats[/url], Markit said.Germany's PMI for the retail sector came to 51.5,[url=http://www.arch-eyes.com/]cheap christian louboutin[/url], an 11-month high. The retail PMI in France rose to 45.3, a four-month high. In Italy, the PMI for retail rose to 42.1, an eight-month high.Overall, retail in the regions that shares the euro as currency "remained in a sharp downturn in May," Markit said.
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