• Eurozone retailers recorded a rise in sales for the third time in as many months during June

Market news

6 July 2017

Eurozone retailers recorded a rise in sales for the third time in as many months during June

Eurozone retailers recorded a rise in like-for-like sales for the third time in as many months during June. Growth was driven by sharp expansions in France and Germany, although another decline in Italy continued weigh on overall growth.

The headline IHS Markit Eurozone Retail PMI - which tracks the month-on-month changes in like-forlike retail sales in the bloc‟s biggest three economies combined - rose to 53.2 in June, from 52.0 in May. The latest reading signalled the sharpest rate of growth in just shy of two years.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.