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France May flash services PMI 52.8 vs 54.0 expected

France May flash services PMI 52.8 vs 54.0 expected
Prior 54.6Manufacturing PMI 46.1 vs 46.0 expectedPrior 45.6Composite PMI 51.4 vs 52.0 expectedPrior 52.4The readings are slightly softer than estimated but still points to growth in the French economy in May, albeit at a slower pace. The headline reading is a four-month low as demand conditions take a bit of a hit and a further softening of business confidence. HCOB notes that: This article was written by Justin Low at www.forexlive.com... Read More
Posted: May 23 2023, 07:15
Author Name: forexlive
Views: 110625

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