PMI Markit : Business activity in French service sector continues to fall at marked rate (ENG)
Chris Williamson
The downturn in France’s service sector was maintained in May. Activity fell at the same marked rate as in April, reflecting another drop in incoming new business. Backlogs of work decreased, albeit at a slower pace, while employment was down further. Input prices rose slightly, whereas output charges declined. Meanwhile, companies’ expectations regarding activity over the coming year were moderately positive.