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France July flash services PMI 47.4 vs 48.4 expected

Prior 48.0Manufacturing PMI 44.5 vs 46.0 expectedPrior 46.0Composite PMI 46.6 vs 47.8 expectedPrior 47.2The downturn in both the services and manufacturing sectors have worsened in France in July. They are now both down to their worst levels in 29 months and 38 months respectively. A further weakening of demand conditions was seen weighing on overall business activity and that's not a good look at how things are going to come along in the months ahead. HCOB notes that:“The French economy took an... Read More

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Content Topics

France

July

Flash

Services

47

48 Expected

Forex

Posted: Jul 24 2023, 07:15

Author Name: forexlive

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