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France July final manufacturing PMI 45.1 vs 44.5 prelim

Prior 46.0There is a slight revision higher to the initial estimate but it still points to a deeper downturn in French manufacturing to start Q3. Demand conditions are deteriorating and that is leading to a fall in production and purchasing activity. Meanwhile, employment and stocks are also declining again. HCOB notes that:“The French manufacturing sector was brought further to its knees in July as production was cut again at a fast pace, the lack of new orders perpetuated and producers slashed... Read More

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Content Topics

France

July

Final

Manufacturing

45

44 Prelim

Forex

Posted: Aug 1 2023, 07:50

Author Name: forexlive

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