- Analytics
- News and Tools
- Market News
- France’s services sector expands at fastest pace in nine months during August
France’s services sector expands at fastest pace in nine months during August
The report from
IHS Markit revealed on Wednesday that activity in France’s services sector rose
at the quickest pace for nine months during August.
According to
the report, the headline
seasonally adjusted IHS Markit France Services Business Activity Index came in
at 53.4 in August, up from 52.6 in July. The reading signaled the fastest
expansion in business activity since last November and one that was solid
overall.
The solid result
was supported by stronger new order growth and a further rise in staff numbers,
the report said. Meanwhile, capacity pressures remained evident, with volumes
of outstanding business expanding for the fourth month in a row. On the price
front, input costs continued to increase sharply, with the rate of inflation
accelerating to a three-month high.
© 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
