French composite PMI falls to a 46-month low of 42.7 (as in flash estimate) in January from 44.6...


French composite PMI falls to a 46-month low of 42.7 (as in flash estimate) in January from 44.6 in December. Services drops to 43.6 (as in flash) from 45.2. "The deepening malaise in the French service sector mirrors the trend seen for manufacturing," says Markit. "Accelerated job cutting, meanwhile, raises concern that unemployment could be headed higher."  (PR)

Comments (3)
  • HoldAndBuyInvestor
    , contributor
    Comments (146) | Send Message
     
    All hail socialism and higher taxes under lord Obama. It worked really well for France.
    5 Feb 2013, 04:58 AM Reply Like
  • toddzila
    , contributor
    Comments (7) | Send Message
     
    I guess you are suggesting we should have much stronger unions like Germany. I agree.
    5 Feb 2013, 06:56 AM Reply Like
  • june1234
    , contributor
    Comments (4356) | Send Message
     
    "Accelerated job cutting, meanwhile, raises concern that unemployment could be headed higher." You think?
    5 Feb 2013, 07:25 AM Reply Like
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