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France June final services PMI 48.0 vs 48.0 prelim
Prior 52.5Composite PMI 47.2 vs 47.3 prelimPrior 51.2The services sector in France sees its quickest decline since February 2021 as demand conditions stumble further towards the end of Q2. You have to wonder if the ongoing protests are also going to have a more material impact on things in July but we'll see. HCOB notes that:"After four months of continuous growth, the HCOB PMI for June shows a contraction in the French services sector. It could well be that GDP in France declines in the second...
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Posted: Jul 5 2023, 07:50
Author Name: forexlive
Views: 080934