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France June final manufacturing PMI 46.0 vs 45.5 prelim

France June final manufacturing PMI 46.0 vs 45.5 prelim
Prior 45.7That's a decent revision higher but still reaffirms a contraction in France's manufacturing sector towards the end of Q2. The recent protests are also going to factor into the hard data surely, especially in the services sector so there is that to consider. HCOB notes that:"For the fifth month in a row, things are not looking good for the manufacturing sector in France. According to the HCOB PMIs, production continues to decline, new orders at home and abroad are falling and business e... Read More
Posted: Jul 3 2023, 07:50
Author Name: forexlive
Views: 081069

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