French Private Sector Growth Slows

(RTTNews) - France' private sector expansion slowed in August from June led by slower growth in the service sector, figures showed on Monday.

The Markit France composite purchasing managers' index fell to 59.0 from 59.7 in July. This marks a five-month low in the indicator.

This was mainly due to a fall in the services PMI, which dropped to 59.9 from 61.1, a four-month low. On the other hand, the manufacturing PMI climbed to 54.7 from 53.9, a two-month high.
The manufacturing output index rose to 57.1 from 56.7 in July, a three-month high.