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Survey: France May Be Back in Recession

Writer's picture: OurStudioOurStudio

The eurozone's recovery is continuing, a survey of businesses has suggested, but it has also revealed a widening divergence in economic performance between France and Germany.

The latest purchasing managers' index (PMI) from Markit rose to 52.1 in December from 51.7 last month. A figure above 50 indicates expansion.

The eurozone as a whole has started to grow again after a long recession.

But Markit's Chris Williamson said the recovery was "lopsided".

These monthly surveys of business managers give an early indication of countries' economic performance.

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