French Business Activity Contracts in October, PMI Shows
A survey by S&P Global showed French business activity unexpectedly contracted in October, reversing September's growth. Demand for French goods and services fell at its sharpest pace since May.
A survey by S&P Global showed on Friday that French business activity unexpectedly contracted in October, quickly reversing September’s growth. The contraction reflected the steepest drop in demand for French goods and services since May. Surveyed businesses linked the decline to heightened political uncertainty.