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Growth in French services sector weakens in October
French service providers reported a fourth successive monthly rise in business activity in October. That said, the rate of growth was slight overall. New business also increased, which contributed to further backlog accumulation. Capacity pressures were exacerbated by a fall in staffing numbers. Concurrently, input cost inflation eased slightly, while average selling prices continued to decline at a solid pace. Business expectations remained positive during the month. The seasonally adjusted headline Markit France Business Activity Index – which is based on a single question asking respondents to report on the ... (full story)