Eurozone retail sales fell in November; Germany in steepest dip in five months

November data covering the Eurozone retail sector signalled a month-on-month fall in sales, with Germany posting the steepest dip in five months. The Markit Eurozone Retail PMI (Purchasing Managers’ Index), based on a mid-month survey of more than 1,000 executives in the retail sector, fell from 50.0 in October to 48.9, showing a modest reduction in the total value of like-for-like store sales compared to one month ago.

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