French business activity falls at quickest pace since February

From pmi.spglobal.com

France’s private sector economy slipped into a deeper downturn in October, latest HCOB PMI® data revealed, as overall business activity decreased for a fourteenth successive month and at the fastest rate since February. Demand for French goods and services worsened, while firms’ expectations for output over the coming 12 months softened and were the weakest since July. Job creation was sustained, however, with companies in both the manufacturing and service sectors adding to their payroll numbers. As for prices, there was a further subsiding of cost pressures as operating expenses rose at the slowest pace in ... (full story)