French business activity weaker than expected in August: PMI

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French business activity has lost more momentum than expected in August, a survey showed on Friday, as firms worked off backlogs of work built-up during a coronavirus lockdown.

Data compiler IHS Markit said its preliminary purchasing managers index fell to 51.7 points from 57.3 in July - far below the average forecast for 57.2 in a Reuters poll of economists.

The dominant service sector saw its PMI reading for August fall to 51.9 points from 57.3 in July - below a forecast for a reading of 56.3 points. French business activity had surged after the euro zone’s second-biggest economy emerged in May from one of the strictest lockdowns in Europe as firms responded to pent-up client demand.

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।

ask them to reopen the frontiers to African import export!

हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

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