Bloomberg Pmi Signals Sharpest Fall for Eurozone Retail Sales in Three Years

U.S. NewswireJuly 30, 2007

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To: BUSINESS EDITORS

Contact: Judith Czelusniak, +1-212-617-1212, jczelusniak@bloomberg.net, of Bloomberg LP

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Bloomberg Pmi Signals Sharpest Fall for Eurozone Retail Sales in Three Years

NEW YORK, July 30 /PRNewswire/ -- The Bloomberg Eurozone Retail Purchasing Managers' Index ("PMI(R)"), an indicator based on a mid- month survey of economic conditions in the euro area retail sector and providing data one month ahead of government issued figures, fell from 48.2 in June to 46.2 in July. The latest reading signaled a fall in retail sales for the third straight month, w...

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