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French business activity shrinks
23 Sep 2014 09:09
French business activity contracted again in September due to a weaker than expected service sector, as the euro zone's second-biggest economy struggles to emerge from stagnation.
Markit said its preliminary composite purchasing managers index eased to 49.1 this month from 49.5 in August.
The index covers activity in both the services and manufacturing sectors and makes around two-thirds of the economy
That marked the weakest level of activity in three months and brought the index further below the 50 point line that separates expansions in activity from contractions.

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