Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Eurozone Retail Sales Slip in August
Sep 2, 2010
 Printable format
 Email this Article
 Search

Retail sales fell in August in the Eurozone, according to the latest retail PMI data from Markit. The seasonally adjusted Eurozone Retail PMI – which tracks monthly changes in the value of sales at retailers – declined to just below the no-change mark of 50.0. The latest figure of 49.7 indicated a marginal rate of decline, after July had seen the fastest growth since May 2008.

The overall fall in Eurozone retail sales mainly reflected a setback in the German retail sector, as sales rose further in France and declined at a weaker rate in Italy. Markit attributed the German monthly decline in part to a hangover from very favorable temporary conditions in July, such as the football World Cup. The broad underlying trend in Germany during 2010 so far, the research firm said, has been positive.

In the Eurozone’s second-largest economy, France, retail sales continued to rise in August. However, the monthly rate of growth eased to a modest pace as the survey again reported a cautious mood among consumers.

In Italy, sales continued to fall, but the rate of decline eased sharply to the slowest in the current seven-month sequence.

Although the headline figure declined in August, this was the first PMI decrease since February. Sales rose on a year-on-year basis for the second month in a row in August. Annual growth is seen in France and Germany, while the year-on-year decline in Italy eased sharply during the month.

Back to Daily News

 

Daily News

...........................................................

Oct 22, 2014: Middleby to add U-Line to residential appliance business

Oct 22, 2014: iRobot's 3Q exceeds expectations, driven by Home Robots growth

Oct 22, 2014: Whirlpool Canada named 2014 Energy Star Manufacturer of the Year

Oct 22, 2014: ACCA wants the HVAC manufacturers to develop open, universal communication protocols

Oct 22, 2014: IHA launches website to connect OEMs with consumers

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014
April 2014: Appliance Magazine Market Insight: February 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows