French business activity plunges to record low in March over coronavirus - PMIs
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PARIS (Reuters) - French business activity plunged to its lowest level on record in March as a nationwide coronavirus lockdown shuttered vast swathes of the euro zone's second-biggest economy, a survey showed on Tuesday.Data compiler IHS Markit said its preliminary purchasing managers index (PMI) fell to 30.2 from 52.0 in February, far below economists' average forecast of 39.8 and even the lowest individual estimate of 36.0 in a Reuters poll.The freefall took the index deeper below the 50-point..