French Business Growth Grinds to a Halt Over Brexit Uncertainty
2019-11-13
Unfortunately, Brexit continues to wreak havoc on the EU economy. Now, it is French businesses that are struggling under the uncertainty. According to recent reports, French business activity has slowed considerably, with manufacturing sector growth grinding to a halt.
New figures by data provider IHS Markit, the Purchasing Manager’s Index (PMI) for France, registered its lowest level in four months. The PMI dropped from a score of 52.9 in August to 51.3 in September. These numbers reveal just how far business has fallen and how concerning the situation really has become.
France’s manufacturing sector has played a big role in … Read More