France's business activity contracted for the 10th month, with March's composite PMI falling to 47.7.
French business activity contracted for a tenth consecutive month in March as demand for goods and services weakened; the HCOB flash services Purchasing Managers' Index dropped unexpectedly to 47.8 from 48.4 in February. France's private sector activity contracted further, with the flash manufacturing PMI falling to 45.8, down from 47.1 a month prior. The composite PMI fell to 47.7 points from 48.1 in February.
March 21, 2024
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