Eurozone retail PMI rose 0.1 to 51.8 in June. The overall gain was driven by German consumers while sales fell slightly on annual measure.
Commenting on the latest retail PMI survey data, Trevor Balchin, Economics Director at IHS Markit, said:
“The eurozone retail sector continued its recent solid run of growth in June. Sales have risen month-on-month since April 2017, except for a blip in April this year.
“The three largest economies in the eurozone continued to show widely differing trends, however. Germany posted a nineteenth straight monthly increase in retail sales, and the strongest expansion in nearly three years. In contrast, Italian sales fell for the seventh time in eight months, albeit at a weaker pace. France registered a decline for the first time since March 2017.
