French business activity returns to expansion in September

  • French business activity returned to expansion in September after a lengthy contraction streak.
  • September produced the strongest reading in more than two years.
  • Services demand rebounded as manufacturing weakened and employment continued to slide.

French business activity returned to expansion in September, ending a lengthy contraction streak with its strongest reading in more than two years. A rebound in services demand offset persistent weakness in manufacturing, while employment continued to decline. The S&P Global Flash France Composite is the survey measure cited in the report.

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