Eurozone retail sales fell slightly in August; Year-on-year growth maintained
Aug 30th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The latest retail PMI (Purchasing Managers' Index) data from Markit covering the Eurozone signalled that sales fell for the first time in three months. The seasonally adjusted Eurozone Retail PMI – which tracks monthly changes in the value of sales at retailers -- declined to just below the no-change mark of 50.0. The latest figure of 49.7 indicated a marginal rate of decline, after July had seen the fastest growth since May 2008.