Output in the French private sector fell at a sharper rate in August. The Markit Flash France Composite Output Index, based on around 85% of normal monthly survey replies, slipped to 47.9 from July’s 17 - month high of 49.1. Lower output was recorded in both the services and manufacturing sectors during August. In the former, business activity decreased for the thirteenth consecutive month, and at a sharper pace than in July. In the latter, output fell following a rise in the previous survey period. New business received by private sector companies in France continued to fall in August, and at a faster pace than one ... (full story)