News

Eurozone footwear sales inspire hope

29/04/2009

The Bloomberg Eurozone Retail Purchasing Managers' Index (PMI) was at 48.4 in April compared with 44.1 March, indicating the weakest rate of decline since the current sequence of contraction began last June. Although sales have now fallen for 11 consecutive months, the rate of decline has eased from the series record registered last November.

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