India, Oct. 23 -- The euro area private sector softened to a four-month low in October as activity in France shifted back into contraction amid tightening financial conditions and rising political pressures, flash purchasing managers' survey data from S&P Global revealed Friday.
The composite output index fell to 51.9 in October from 53.1 in the previous month, falling below the forecast of 52.7.
Both manufacturing and services sectors reported weaker growth. The manufacturing Purchasing Managers' Index registered 52.4, down from 52.9 in the previous month. The score was expected to drop to 52.7.
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