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Final French composite PMI 48 in August vs. flash reading of 48.9 and 47.9 in July; services...

  • Wednesday, September 5, 2012, 4:31 AM ET
    Final French composite PMI 48 in August vs. flash reading of 48.9 and 47.9 in July; services 49.2 vs. 50.2 and 50. "Worryingly, jobs were cut at the steepest rate since March 2010 as firms engaged in cost-cutting amid a continued divergence between rising input prices and falling output charges." (PR)
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