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French private sector contracts at faster pace in April, PMI shows

PARIS (Reuters) -France's private sector activity has contracted at a sharper rate in April, driven by a steep decline in services, according to the HCOB Flash France PMI survey compiled by S&P Global. The flash services PMI dropped to 46.8 points from 47.9, its lowest in two months, as new business intakes fell at the steepest rate since November 2020. This compared with a Reuters poll forecast for 47.7 points.

PARIS (Reuters) -France's private sector activity has contracted at a sharper rate in April, driven by a steep decline in services, according to the HCOB Flash France PMI survey compiled by S&P Global. The flash services PMI dropped to 46.8 points from 47.

9, its lowest in two months, as new business intakes fell at the steepest rate since November 2020. This compared with a Reuters poll forecast for 47.7 points.

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