• French services PMI rose more than expected in November

Market news

5 December 2018

French services PMI rose more than expected in November

The headline seasonally adjusted IHS Markit France Services Business Activity Index - which is based on a single question asking respondents to report on their actual change in business activity at their companies compared to one month ago - fell to 55.1 in November, down from 55.3 in October. This signalled another strong increase in business activity, albeit at a softer pace compared to October. Where panellists reported higher activity, some mentioned the positive effect of promotional activities and new contract wins.

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