Headlines

French S&P Global Services PMI Final (Oct) 46.2 vs. Exp. 48.4 (Prev. 51.2)

Newsquawk Staff ·

  • "The French economy is showing its fragility. Political instability is nothing new for French businesses, but they are looking to the near-term outlook with the greatest level of concern since 2013, if we exclude the initial COVID-19 outbreak months."
  • "There were reports of a stalling of domestic demand and investment activity in October as clients placed decisions on hold. There was, however, a cooling of services price pressures. Prices charged rose only slightly and by a much softer margin than in September."

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