French private sector contracts for fourth month

NAMPA / DPA

2024-12-16

Paris (dpa-AFX) - France's private sector contracted for the fourth straight month in December, as both manufacturers and services providers registered declines in output, flash survey results from S&P Global showed on Monday. The HCOB composite output index posted 46.7 in December, up from 45.9 in November. A reading below 50 indicates contraction. The index signalled an extension of the downturn seen in the private sector since September. Alth......

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