PARIS, Nov 23 (Reuters) – French business activity contracted in November, according to a monthly survey, as demand for goods and services in the euro zone’s second-biggest economy deteriorated. The HCOB France flash purchasing managers index (PMI) for the services sector in November, compiled by S&P Global, came in at 45.3 points. This was marginally better than 45.2 points in October but below the 50 points level indicating a contraction in activity. It was also below a Reuters poll forecast for a November flash services PMI of 45.6 points. The flash manufacturing PMI for November fell to 42.6 points from 42.8 in October, and also came in below a Reuters poll forecast for a figure of 43.
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