Investing.com - French private sector activity accelerated in April, according to survey data released on Monday.
The preliminary reading of the Markit services purchasing managers’ index came in at 57.4 this month from 56.9 in March.
Economists had forecast a reading of 56.6.
The manufacturing PMI ticked up to 53.4, in line with expectations and up from 53.7 a month earlier.
The composite output index, which measures the combined output of both the manufacturing and service sectors rose to 56.9 from 56.3, against expectations for 55.9.
A reading above 50.0 on the index indicates industry expansion, below indicates contraction.
