Markit’s Eurozone Retail PMI® pointed to a further decrease in sales in February, with the rate of decline slightly faster than in the opening month of the year. That reflected the combination of a steeper downturn in sales in France and a reduced rate of growth in Germany. At 46.4, down from January’s 46.6, the headline Markit Eurozone Retail PMI – which tracks month-on-month changes in like-for-like retail sales across the bloc’s biggest three economies combined – was below the 50.0 no-change mark for the eighth successive month in February, and at its lowest level since September of last year. Phil Smith, ... (full story)