The French private sector contracted in September due to the renewed disruption related to the coronavirus disease 2019 pandemic, survey results from IHS Markit showed Wednesday.
The flash composite output index declined unexpectedly to 48.5 from 51.6 in August. The score was expected to rise to 51.9. A score below 50 indicates contraction.
The fresh downturn was driven by a solid reduction in activity at services firms, while manufacturers reported an expansion in the sector.
The flash services Purchasing Managers' Index came in at 47.5, while it was expected to remain unchanged at 51.5.
Meanwhile, the factory PMI rose to 50.9 from 49.8 a month ago. This was above the consensus of 50.5.
August data had already pointed to a slowdown in the recovery but now the path towards pre-coronavirus levels of activity has gone into reverse, Eliot Kerr, an economist at IHS Markit said.
The rise in case numbers has been accompanied by fresh restrictions, but has also caused hesitancy among businesses due to fears of a second round of temporary business closures, Kerr noted.
作者：RTTNews Staff Writer，文章来源RTTNews，版权归原作者所有，如有侵权请联系本人删除。
风险提示：本文所述仅代表作者个人观点，不代表 Followme 的官方立场。Followme 不对内容的准确性、完整性或可靠性作出任何保证，对于基于该内容所采取的任何行为，不承担任何责任，除非另有书面明确说明。
暂无评论，立马抢沙发