French private sector falls the most in four years in March

Source: Markit Economics

Private sector output in France decreased at the steepest pace in four years in the month of March mainly due to a drop of business activity in service sector and as manufacturing production fell notably on the month, the Markit Economics reported on Thursday. The report showed that the Flash France Composite Output Index was 42.1 points in March after it recorded 43.1 points the month before.


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Thu, 21 Mar 2013 14:19:06 GMT

Euro declines toward the lowest in four month as output shrinks, but Yen advances

The shared currency dropped toward the lowest in four months versus the greenback as a report indicated manufacturing output and services in the region shrunk, signaling that the economy finds it difficult to recover from recession. The Euro slid 0.2% to $1.2905, while Japanese Yen advanced 0.6% to 95.46 per Dollar. The Eurozone economy has suffered decline for five quarters

Thu, 21 Mar 2013 13:57:07 GMT

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