France private sector activity showed signs of stabilization in August after a sustained period of contraction, flash survey results from S&P Global showed on Thursday.
The headline HCOB composite output index posted 49.8 in August, down from July's 48.6. The flash reading was the highest in exactly a year.
Both manufacturers and service providers logged small falls in August. The services Purchasing Managers' Index rose to 49.7, while it was forecast to remain unchanged at 48.5.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.