French economy remains in firm growth territory in August

The August Flash France PMI® signalled another strong month of economic expansion midway through the third quarter, despite rates of growth in both manufacturing and services softening slightly. Demand for French goods and services increased strongly as firms remarked on improving tourism and a still-robust appetite to spend among clients. Consequently, employment grew at the sharpest pace in almost three years, although backlogs of work continued to rise. Meanwhile, inflationary pressures eased marginally, but were still notable, and business confidence eased to a seven-month low. 

 

Source: French economy remains in firm growth territory in August | Forex Factory

 

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