France Markit Oct services PMI final just out 6 Nov
- 57.4 flash
- composite 57.4 vs 57.5 exp/flash
PMI all a bit yesterday's flavour nowadays but one for general filing/background anyhow.
Says Markit:
The French service sector remained firmly in expansionary territory at the start of the fourth quarter, buoyed by further increases in activity, new orders and employment. Indeed, the rates of growth remained close to multi-year highs in each instance.
Price inflation accelerated amid reports of higher wage bills, while strong client demand enabled some firms to raise their average selling prices. Meanwhile, business confidence remained in positive territory but dipped to its lowest point since January.
Full report here
