French companies pick up pace, but Germany still struggling - business live

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French companies pick up pace, but Germany still struggling - business live
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Rolling coverage of the latest economic and financial news, including a new healthcheck on the eurozone

Germany is still at risk of falling into recession this autumn, says Markit’s Phil Smith, based on today’s PMI survey. He’s concerned that ‘cracks’ are appearing in its service sector, with new order growth very weak and business confidence at a near five-year low.

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