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- A generally robust picture of the eurozone retail sector, according to latest Markit data
A generally robust picture of the eurozone retail sector, according to latest Markit data
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 52.4 in November, from 51.1 in October.
Alex Gill, economist at IHS Markit which compiles the Eurozone Retail PMI, said: "The latest data paint a generally robust picture of the eurozone retail sector, with sales up on both a monthly and annual basis. Rises in purchasing activity and employment, combined with the strongest degree of business confidence since early-2016 bodes well for further growth over the coming festive period".
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