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Solid increase in French activity at the start of the fourth quarter
At 52.6 in October, the IHS Markit Flash France Composite Output Index rose from 50.8 in September, and pointed to a faster expansion in private sector business activity. The solid increase in activity was underpinned by a broad-based expansion. Manufacturers registered a slight recovery in output with the quickest growth for four months. Meanwhile, service providers recorded a faster expansion, following a brief slowdown in September. Strengthening demand was evident in the French private sector during September, as volumes of new business continued to rise. Moreover, the rate of expansion accelerated from October ... (full story)