French business booms more than expected in July on services rebound: PMI

  • 📰 Reuters
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

French business activity rebounded far more than expected in July as a post-lockdown recovery in the service sector shifted up a gear, a survey showed on Friday.

Data compiler IHS Markit said its preliminary purchasing managers index jumped to 57.6 from 51.7 in June, hitting its highest level since January 2018.

French business activity has been recovering faster than expected since the country began emerging from a coronavirus lockdown on May 11. Companies in both the services and manufacturing sectors both ramped up production in July as backlogs built in the face of pent-up demand unsatisfied during the lockdown.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

despite the green merkel macron 750 billion plan , the market crash since 3 days in the row. today -2...i mnot sure this information was seen as positive by the market.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 2. in FR

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Euro zone business activity bounces back in July with strongest growth in 2 years
La source: CNBC - 🏆 12. / 72 Lire la suite »