Like-for-like sales in the eurozone retail sector rose in May, thereby reversing the downturn seen in April. The increase was indicative of sharper rises in Germany and France, and a slower decline 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 51.7 in May, from 48.6 in April, signalling the sharpest rise since February. Sales were also up on an annual basis, having decline in each of the previous two months.