Eurozone Retail September PMI in sixteenth consecutive monthly fall - - smallest monthly decline since June 2008
Sep 29th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The Markit Eurozone Retail PMI (Purchasing Managers’ Index), based on a mid-month survey of more than 1,000 executives in the retail sector, indicated a sixteenth consecutive monthly fall in same-store retail sales in September. However, after accounting for seasonal influences, the PMI rose from 47.1 in August to 48.6, signalling the smallest monthly decline seen since sales began falling in June 2008.