PARIS: France’s economy is weakening again, a survey of leading indicators suggested yesterday, just a week after the country boasted a return to growth in the second quarter.
The new cloud of concern comes as Markit Economics released its monthly Composite Purchasing Managers’ Index for the eurozone, showing that while activity in the 17-member currency bloc picked up sharply in August, it actually fell in France, to 47.9 points from 49.1 points. The forward-looking data showed that PMI for the French manufacturing sector dropped to its lowest point in two months, from 51.4 points to 48.6 points. AFP
