• Latest Eurozone Retail PMI survey data showed a lift in sales in the final month of 2016 - Markit

Market news

5 January 2017

Latest Eurozone Retail PMI survey data showed a lift in sales in the final month of 2016 - Markit

Latest Eurozone Retail PMI survey data showed a lift in sales in the final month of 2016, reflecting growth across both Germany and France. However, Italian retailers endured another month of falling sales, with the pace of decline slightly faster than in November. Adjusted for the impact of usual seasonal factors, the seasonally adjusted headline Markit Eurozone Retail PMI - which tracks month-on-month changes in likefor-like retail sales in the bloc's biggest three economies combined - registered 50.4 in December, up from November's 48.6. That signalled a rise in sales for the first time in four months, albeit marginal.

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