• Germany's retail PMI climbs to 54.0 in May

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6 junio 2016

Germany's retail PMI climbs to 54.0 in May

Markit Economics released its retail purchasing managers' index (PMI) for Germany on Monday. Germany's retail PMI climbed to 54.0 in May from 51.0 in April.

The increase was driven by a rise in purchasing activity.

"Not only did the Retail PMI rise to one of its highest levels for a year, but companies also reported to have exceeded their sales targets for a second month running," an economist at Markit, Oliver Kolodseike, said.

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