Markit retail PMI's for Europe
The upbeat European consumer in April looks like they will carry over into May as the Markit retail PMI's for Europe all show good gains (bar Italy)
- Eurozone PMI 51.4 vs 49.5 prior
- Germany 55.8 vs 52.6 prior
- France 48.7 vs 46.2 prior
- Italy 48.3 vs 49.0
France looks to be digging its way out of contraction but Italy has fallen back. The Eurozone is back in expansion so we should bear this in mind when we get the main retail numbers for May later this month
Retail PMI's in Europe
In other PMI news, Germany's construction PMI fell to 50.8 vs 51.0 prior
