France's service sector continues to recover

Source: WBP Online
© Scanpix/Reuters
Service sector in France continued to expand in June, as activity growth sped up. June services PMI figure came out at 54.1, compared with May's 52.8, thus providing optimism for further expansion in the sector and in the French economy. This solid PMI figure could suggest that Gross Domestic Product in Q2 might add strong expansion on top of the 0.6% rise in Q1 of 2015. 
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