India, May 21 -- France's private sector contracted at the sharpest pace in five-and-a-half years in May, flash survey data from S&P Global revealed Thursday.The flash composite output index dropped to 43.5 in May from 47.6 in the prior month. This was the lowest score since November 2020 and also stayed below forecast of 47.7.The survey showed an accelerated decline in services activity accompanied by a fresh fal...
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