Eurozone clothing and footwear sales fall in Dec - sportstextiles: Lea SportsTextiles

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Eurozone clothing and footwear sales fall in December

08/01/2007

The Bloomberg Eurozone Retail Purchasing Managers' Index (PMI) signalled sales increases in December in the euro retail area for the ninth consecutive month, however, the rate of increase was the weakest seen over this period.

The latest rise in month-on-month sales reflected a further strong increase in Germany and a more modest expansion in France, although sales growth eased in both countries. In Germany the index was 55.2, down from November's six-month high of 57.7, and in France it fell for the second month, to 52.4 from 53.5 in November. Growth in Germany and France contrasted with a drop in Italian sales, which fell from 48 in November to 46.9 in December—the fastest pace of decline for eight months.

The strongest growth in sales for December, compared with the same period a year ago, was in household goods, followed by food & drink. Clothing and footwear retailers saw sales fall sharply on a year earlier, which retailers  attributed to unseasonably warm weather.

The monthly Bloomberg Eurozone Retail PMI report provides insights and data into the Eurozone retail sector based on input from retail executives in Germany, France and Italy.


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