By Reuters Staff
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FILE PHOTO: Office buildings are seen at the financial and business district of La Defense, amid the outbreak of the coronavirus disease (COVID-19), in Paris, France, November 9, 2020. REUTERS/Benoit Tessier
PARIS (Reuters) - A slowdown in France’s service sector eased in March despite tougher coronavirus restrictions, a monthly survey showed on Wednesday, offering the euro zone’s second-biggest economy some relief.
Data compiler IHS Markit said its purchasing managers index for services rose to 48.2 from 45.6 in February, better than a preliminary reading of 47.8 and closer to the 50-point threshold that divides expansion from contraction.
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French services slowdown eases in March despite COVID curbs: IHS Markit
A slowdown in France’s service sector eased in March despite tougher coronavirus restrictions, a monthly survey showed on Wednesday, offering the euro zone’s second-biggest economy some relief.
Data compiler IHS Markit said its purchasing managers index for services rose to 48.2 from 45.6 in February, better than a preliminary reading of 47.8 and closer to the 50-point threshold that divides expansion from contraction.
IHS Markit’s overall PMI index, which also includes already published data from the manufacturing sectors, rose to 50.0 from 47.0 in February, also better than the 49.5 originally reported.
Paris
France-general
France
French
Leigh-thomas
Eliot-kerr
John-stonestreet
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