Prior 49.2Manufacturing PMI 43.2 vs 44.5 expectedPrior 44.5Composite PMI 44.8 vs 48.3 expectedPrior 48.1We all knew that the boost in August was largely a one-off due to the Olympics but since then, it's been a stark decline for French business activity as a whole. The services sector is seen slumping hard in November with the reading being a 10-month low as demand conditions continue to struggle. The manufacturing sector eased further as well, also matching a 10-month low. These are tough times for Europe's second largest economy. HCOB notes that:“The French economy is being rocked by uncertainties. The HCOB Flash Composite PMI for November starkly reveals that businesses are heavily impact
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