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French private sector growth remains strong in July

From markiteconomics.com

The July Flash France PMI® survey signalled sustained recovery at the start of the third quarter, with private sector activity registering another strong month-on-month expansion. Growth was spurred on by further intakes of new business, which grew at one of the fastest rates seen in over three years. Service sector output growth continued to surpass that seen in the manufacturing sector amid looser lockdown restrictions. That was in spite of a faster increase in goods production. The Flash France Composite PMI Output Index recorded 56.8 in July, down slightly from June’s 41- month high of 57.4, but still indicative ... (full story)

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