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French Employment growth sharpest in over 16-and-a-half years
Growth in the French private sector continued in November, according to the latest flash data. In fact, the rate of expansion accelerated from the prior survey period with the IHS Markit Flash France Composite Output Index, which is based on around 85% of usual monthly survey replies, posting a six-and-a-half year high of 60.1, up from 57.4 in October. The increase in output remained broad-based across both the manufacturing and services subsectors. Moreover, the rate of growth accelerated in each instance, hitting 79 and 78-month highs respectively. The pace of expansion at service providers overtook that recorded ... (full story)
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