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Flash France Composite Output Index rises to 31-month high
French private sector output returned to growth in March. Although moderate, the rate of expansion was the sharpest in 31 months. This was indicated by the Markit Flash France Composite Output Index, based on around 85% of normal monthly survey replies, posting 51.6, up from 47.9 in February. That was the first reading above the 50.0 no-change threshold since last October. Expansion was broad-based across the service and manufacturing sectors. Services activity increased for the first time in five months during March. Growth was at a 26-month high, albeit modest overall. Manufacturers reported a solid rise in output ... (full story)
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