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- French composite PMI rose more than expected in October
French composite PMI rose more than expected in October
Flash France Composite Output Index at 57.5 in October (77-month high).
Services Activity Index rises to 57.4 in October (57.0 in September), 7-month high.
Manufacturing Output Index rises to 58.1 (57.6 in September), 78-month high.
Manufacturing PMI increases to 56.7 (56.1 in September) 78-month high.
According to latest flash data, the resurgence in the French private sector showed no sign of abating at the start of the fourth quarter. Indeed, the rate of growth accelerated from September with the IHS Markit Flash France Composite Output Index, which is based on around 85% of usual monthly survey replies, posting 57.5, up from 57.1 in September and a near-six-and-a-half-year high.
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