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- Growth remained broad-based across the French manufacturing and service sectors
Growth remained broad-based across the French manufacturing and service sectors
At 54.5 in July, down from 55.0 in the previous month, the IHS Markit Flash France Composite Output Index remained above the crucial 50.0 nochange mark for a twenty-fifth month in a row. Although down since June, the index remained strong in the context of the series history.
Growth remained broad-based across the manufacturing and service sectors, albeit noticeably sharper in the latter. Service providers recorded a twenty-fifth consecutive expansion in business activity, buoyed by a further rise in new orders. Robust economic conditions and the football World Cup were cited as factors contributing to growth. The rate of increase eased slightly from June but remained marked overall.
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