-
French economy returns to growth midway through first quarter
Private sector business activity in France increased in February for the first time since October last year, according to ‘flash’ PMI data from S&P Global. Although the renewed upturn was only modest, it was the strongest expansion since July 2022 and ended a three-month sequence of falling output. Other notable survey findings included a further moderate expansion in employment and an easing of input cost inflation. That said, new order intakes continued to decline, signalling still-subdued demand conditions, while business confidence weakened. The headline Flash France PMI Composite Output Index rose above the ... (full story)