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Employment the most noteworthy point in the French PMI press release

FRANCE DATA

Nothing too surprising in the French PMI release with perhaps the most noteworthy statement:

"Amid reduced output requirements, private sector firms continued to cut their staff numbers in November. This extended the current run of workforce contraction that began in March. However, the latest decline in employment was the softest in that sequence and modest overall. Manufacturers reduced payroll numbers at a slightly quicker pace than service providers."

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