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- October data signalled a mixed picture for the French private sector - Markit
October data signalled a mixed picture for the French private sector - Markit
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Flash France Composite Output Index at 54.3 in October from 54.0 in September (2-month high)
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Services Activity Index up to 55.6 in October (54.8 in September), 4-month high
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Manufacturing Output Index at 48.8 in October (50.3 in September), 27-month low
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Manufacturing PMI down to 51.2 in October (52.5 in September), 25-month low
Commenting on the Flash PMI data, Sam Teague, Economist at IHS Markit said: "October data signalled a mixed picture for the French private sector. On one hand, service sector activity growth accelerated to a four-month high thanks to stronger new business growth. On the other hand, the manufacturing sector shifted down a gear in October, as firms reported the first fall of output for over two years".
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