February 2017 Eurozone retail PMI slips into contraction

Markit retail PMI's for the Eurozone 6 March 2017

  • Eurozone 49.9 vs 50.1 prior

  • Germany 51.2 vs 50.3 prior

  • Italy 45.5 vs 45.6 prior

  • France 51.1 vs 53.1 prior

While the Eurozone recovery may be slowly picking up speed, they're not seeing the same consumer activity that the likes of the US and UK have seen, and that highlights how fragile this recovery may be. The main January retails sales were poor last week, and these PMI's suggest things won't be much better in Feb.

Eurozone retail PMI

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