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ECONOMICS COMMENTARY
Sep 27, 2013
Renewed decline in eurozone retail sales in September
Retail PMI data from Markit showed a renewed decline in eurozone retail sales in September. The Markit Eurozone Retail PMI eased below neutrality to 48.6, having signalled the first increase in sales in nearly two years in August. The average PMI reading for Q3 (49.5) was nevertheless the best since Q2 2011.
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