France: Sharp acceleration in growth in private sector activity in February

Growth in private sector activity accelerated sharply in February in France to reach its highest level since June 2021, according to a provisional estimate published Monday by IHS Markit.

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After a sharp drop to 52.7 in January, due to the Omicron variant of Covid-19, the indicator settled at 57.4 in February, thanks in particular to a strengthening of demand and despite persistent disruptions on the chains. supply.