Eurozone retailers reported an eleventh consecutive monthly rise in sales during February

Market news

6 March 2018

Eurozone retailers reported an eleventh consecutive monthly rise in sales during February

Moreover, the rate of expansion quickened from January‟s five-month low and was solid overall. The acceleration at the eurozone level reflected sharper rises in Germany and France, and renewed growth in Italy.

The headline IHS Markit Eurozone Retail PMI - which tracks the month-on-month changes in retail sales in the bloc‟s biggest three economies combined - rose to 52.3 in February, from 50.8 in January.

Swiss CPI increased by 0.4% in February, more than expected

Major European stock exchanges trading in the green zone: FTSE 7184.76 +68.78 + 0.97%, DAX 12242.89 +152.02 + 1.26%, CAC 5204.79 +37.56 + 0.73%

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