ECONOMICS COMMENTARY
Aug 29, 2013
Eurozone retail sales rise marginally in August
Retail sales in the eurozone rose for the first time in nearly two years in August, Markit's retail PMI data showed. The value of retail sales increased since July, albeit only marginally. Employment at retailers also rose slightly following a 16-month sequence of decline. National differences in sales trends remained, however, as Germany registered further strong growth, France achieved a back-to-back modest rise and Italy posted an ongoing sharp decline.
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