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France: In July, growth in the private sector stopped.

According to preliminary information published by IHS Markit on Wednesday, growth in private sector operation in France stopped in July.

In July, France’s composite PMI dropped to 51.7, its highest in two months, opposed to 52.7 in June.

Several over 50 shows an exercise development relative to the past month, whereas a valuation of fewer than 50 marks shows a decrease.

PMI’s utility industry peaked at 52.2 in July, a decrease of two months, opposed to 52.9 in June, while PMI’s manufacturing remained at 50, its smallest point for three months, opposed to 51.9 the month before.

At 52.6, the PMI services were expected and at 51.5 in July, the PMI production was expected.

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