Markit's retail PMI's for October 2015
- Eurozone 51.3 vs 51.9 prior
- Germany 52.4 vs 54.0 prior
- France 51.9 vs 49.6 prior
- Italy 48.8 vs 51.7 prior
France bucks the trend and moves into expansion
We have the main Eurozone retail sales numbers out for September at 10.00 GMT so lets go back a month on the PMI's to see how they performed
- Eurozone 51.9 vs 51.4 in Aug
- Germany 54.0 vs 54.7 prior
- France 49.6 vs 49.5 prior
- Italy 51.7 vs 48.7 prior
Germany posted the only loss there and their main sales were flat in Sep. With retail sales expected in at 0.2% vs 0.0% m/m in August (3.0% exp vs 2.3% prior y/y) the PMI's don't suggest that we will come in much different to what's expected. You never know though as they can be volatile
