November’s flash France PMI data indicated private sector output rose at a fractionally quicker rate, led by stronger growth in the service sector as manufacturers raised production at a weaker pace than the previous month.
The Markit Flash France Composite Output Index, based on around 85% of normal monthly survey replies, registered 52.3, compared to October’s reading of 51.6. The latest reading pointed to a further solid rate of growth.
Underlying the expansion was a further rise in service sector activity, the fifth in as many months. Moreover, the rate of increase accelerated from October to a solid pace. Manufacturing output rose for the third consecutive month, although the rate of growth eased from October and was marginal.
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