- Analytics
- News and Tools
- Market News
- Eurozone's retail PMI jumps to 54.2 in July
Eurozone's retail PMI jumps to 54.2 in July
Markit Economics released its retail purchasing managers' index (PMI) for Eurozone on Thursday. Eurozone's construction purchasing managers' index (PMI) jumped to 54.2 in July from 50.4 in June. It was the highest level since January 2011.
A reading above 50 indicates expansion in the sector.
Germany, France and Italy were the main contributors.
"July's retail PMI showed sales growth accelerating sharply as levels of trade rose across Germany, France and Italy. Each made positive strides since June though it was Germany that remained by far the brightest performer, recording a sharp increase in sales that was the fastest since late-2006," an economist at Markit, Phil Smith, said.
© 2000-2025. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
