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ECONOMICS COMMENTARY
Oct 30, 2013
German household spending growth contrasts with downturns in France and Italy
Markit's retail PMI series continued to show strongly divergent consumer spending trends in the euro area's largest economies. An increase in spending in Germany contrasted with a renewed weakening in France and an on-going marked downturn in Italy. However, even in Italy, the rate of decline has moderated sharply since earlier in the year.
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