The French economy slowed markedly in August, with private sector activity registering its weakest growth in 17 months, according to an indicator released Monday by S&P Global.
The composite index of overall activity, which measures private sector activity, stood at 50.4, against 51.7 in July, the financial information agency said in its press release.
An index below 50 indicates a contraction in activity, an index above this limit reflecting an expansion.
