French business activity weaker than expected in September - flash PMI
PARIS (Reuters) - The rate of growth in French business slowed further in September and missed market forecasts, a monthly survey showed on Thursday, as concerns over supplies of key goods weighed on the euro zone's second-biggest economy.
Problems with global shipping and transport, caused partly by strict COVID-19 checks at Chinese ports, have resulted in supply chain issues for many companies around the world.
Data compiler IHS Markit said its preliminary composite Purchasing Managers Index (PMI) - factoring in both the services and manufacturing sectors - fell to 55.1 points in September from 55.9 in August, and below a forecast for 55.8 points.
Overall, the PMI figures for France remained well above the 50-point threshold dividing expansions in activity from contractions.
