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France December final services PMI 49.5 vs 48.1 prelim

Composite PMI 49.1 vs 48.0 prelim

That's a modest revision higher but it still points to a contraction in French services activity, with demand continuing to stay weak. Of note, higher interest rates and inflation are the two main sticking points that are weighing on overall conditions. S&P Global notes that:

"2022 ended with a second successive monthly decline in services activity across France. Ov... Read More

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Content Topics

France

December

Final

Services

49

48 Prelim

Forex

Posted: Jan 4 2023, 08:50

Author Name: forexlive

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