Latest data released by Markit - 23 April 2021
"Latest PMI data pointed to the first increase in private sector activity since the end of the initial COVID-19 rebound last summer. The result was a continuation of the improved trend seen in recent months, but previously growth had remained elusive due to an ongoing decline in the service sector. However, with an expansion in services activity and another strong rise in manufacturing production during April, the French private sector finally managed to achieve growth.
"Furthermore, with positive signs on the demand front and capacity pressures intensifying in both subsectors, the short-term outlook is continuing to strengthen for French businesses. Beyond the next few months, panel members are also confident of further upward momentum in demand and that was reflected by the strongest expectations towards the 12-month business outlook for over three years."