Eurozone Retail Sales fell again in July; Sales in Italy and Germany fell sharply; Modest rise in France
Jul 31st, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The latest Bloomberg Eurozone Retail Purchasing Managers’ Index (PMI), based on a mid-month survey of economic conditions in the Eurozone retail sector covering activity in Germany, France and Italy, rose from 44.0 in June to 46.0 in July. By remaining below the 50.0 level, the index pointed to a further fall in sales during the month despite an easing in the rate of decline from the steep pace seen in June.