The euro zone’s two largest economies saw private-sector business activity slump in September as Germany’s manufacturing woes worsened and France’s services industry sank.
S&P Global’s flash Purchasing Managers’ Index for Germany fell more than anticipated to 47.2 – the lowest level in seven months and still below the 50 mark that separates growth from contraction. France‘s plunged to 47.4 from 53.1 – far short of the 51.5 that analysts surveyed by Bloomberg had foreseen.
