General view of the skyline of La Defense business district with its Arche behind Paris' landmark, the Arc de Triomphe and the Champs Elysees Avenue in Paris, France, January 13, 2016. REUTERS/Charles Platiau
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Surprisingly strong growth in France supported stable eurozone private business activity during August but factories could face a tougher September as new order growth stumbled, surveys showed Tuesday.German private-sector growth slowed in August, but remained robust overall, its PMI showed, suggesting Europe's biggest economy is set to keep on expanding in the summer months after it grew more than expected in the second quarter.Markit's flash composite Purchasing Managers' Index for the eurozone edged up to a seven-month high of 53.3 from July's 53.2, where any reading above 50 indicates growth.Markit said the PMI pointed to GDP expanding 0.3 percent this quarter, matching a Reuters poll earlier this month that showed the eurozone economic outlook stable but lackluster, about half the speed at the start of the year.
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