France April Final Services PMI 51.3 vs. 50.5 expected ...Middle East

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France April Final Services PMI 51.3 vs. 50.5 expected
Services PMI 51.3 vs. 50.5 expected vs. 48.3 prior.Composite PMI 50.5 vs. 49.9 expected and 48.3 prior.Key findings:France's service sector back in expansion as demand improves. Employment growth accelerates to nine-month high.Input price inflation cools, but output charges rise at faster rate.Comment:Commenting on the PMI data, Norman Liebke, Economist at Hamburg at Hamburg Commercial Bank, said: "The French economy is finally growing again. For the first time since May 2023, the HCOB Composite PMI is signalling growth, with an index value of 50.5. Surveyed companies reported that price increases reaccelerated in April, mostly due to higher wages and energy prices. French businesses are als

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