BigBlackfeet
Always on the(forex) war path !
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French private sector output growth slows to near-stagnation
The latest flash France PMI® data signalled an easing of private sector output growth during December. The Markit Flash France Composite Output Index, based on around 85% of normal monthly survey replies, dropped to 50.3, from 51.0 in November. The drop in the headline index reflected a stagnation of service sector business activity, ending a ten-month period of expansion. In contrast, manufacturing sector output rose at a slightly faster (albeit still modest) rate. New business in the French private sector increased for a fourth successive month in December. However, the rate of growth eased to a marginal pace that ... (full story)