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.




Share this page Share on FacebookShare on TwitterShare on Linkedin

Read our latest publication

'Bahrain-France Investor Guide' -
is YOUR guide to invest in Bahrain and in France. Click here to view the online guide