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

Retail Growing in Germany and France, Declining in Italy
Dec 1, 2010
 Printable format
 Email this Article
 Search

Retail in the Eurozone improved in November, even after factoring in the holiday boost, according to Markit, but there were major differences in the results for individual national economies.

Markit reported November sales rose on a monthly basis for the first time since July. The Eurozone Retail PMI moved above the no-change mark of 50.0 to 51.3, up from 48.0. The PMI was greater than its long-run average of 48.9 in the latest period.

Eurozone retail PMI data is based on responses from the three largest euro economies, and Markit said November data further showed a divergence in performance between the Franco-German ‘core’ and other ‘peripheral’ economies, particularly the region’s southernmost nations. Sales rose in Germany and France; Italy posted its steepest fall since June.

Germany showed month-on-month retail sales growth for the second month in a row in November, and the rate of expansion increased, making it higher than the long-run survey average.

France's sales increase was less steep, although still the sharpest since July, and came after a significant drop in October. Markit pointed out that its anecdotal evidence suggested French consumers are still cautious regarding the economic recovery; strong sales were driven by strong promotions.

Markit said Italy's retail decline rate was less severe in October but increased again in November to its fasted rate since June. Monthly retail sales have fallen in Italy consistently since February.

Back to Daily News

 

Daily News

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

Jul 31, 2014: LG Home Appliance, LG Air Conditioning See Lower Quarterly Sales

Jul 31, 2014: AHAM Canada New Chair is Doell of Samsung Electronics Canada

Jul 29, 2014: Jarden Reports Record Net Sales in 2Q

Jul 29, 2014: LG USA Names VanderWaal to Head Marketing

Jul 29, 2014: Smart Meters May Provide An Entrance Point for Cyber Attacks on the Connected Home

More Daily News>>

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

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

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
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 | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows