France Private Sector Moves Closer To Stabilization

France's private sector output moved closer to stabilization in July as the Olympic Games fueled economic activity, flash survey data compiled by S&P Global showed on Wednesday. The HCOB composite output index posted 49.5 in July, up from 48.2 in June. The score was expected to climb moderately to 48.9. A score above the threshold 50.0 indicates expansion.

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