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This is its "biggest drop" in more than two and a half years. French private sector activity fell again in July after contracting again in June, "suggesting a continued deterioration in economic conditions", S&P Global's interim PMI released on Monday showed. The "Flash" composite index measuring private sector activity was at 46.6 in July and 47.2 in June (final figure revised downwards), the lowest level since November 2020, pulled down in particular by "industry and manufacturing". Serve". S&P Global explained that the decline observed reflected "a further drop in demand, which in turn led to a further reduction in business construction work", recalling that "job growth has slowed significantly in the same time".
Categoria Tradução e conteúdos
Subcategoria Tradução
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Duração do projeto De 1 a 3 meses
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