- Analytics
- News and Tools
- Market News
- French services rate of growth was the slowest in three months
French services rate of growth was the slowest in three months
The seasonally adjusted headline Markit France Business Activity Index - which is based on a single question asking respondents to report on the actual change in business activity at their companies compared with one month ago - posted 51.4 in October. Down from 53.3 in September, the latest index reading pointed to a modest rate of growth that was the slowest in three months.
Alex Gill, Economist at IHS Markit, which compiles the France Services PMI® survey, said: "Growth in the French service sector abated at the start of the fourth quarter, with activity increasing at the slowest rate in three months. This was indicative of waning new business growth, as further solid cuts to output prices proved insufficient to prevent the slide. On a more positive note, business expectations remained strong, suggesting companies are hopeful conditions will continue to improve in the months ahead."
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
