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France October final manufacturing PMI 42.8 vs 42.6 prelim

Prior 44.2France's manufacturing woes continue to deepen to start Q3 with the steepest drop in new orders since 2009 - that is if you take out the pandemic-hit months. Meanwhile, business confidence has also plunged to a three-and-a-half year low. HCOB notes that:"France’s manufacturing sector is in deep trouble. According to the HCOB PMIs, output contracted in October for the seventeenth month running. New orders overall and abroad meanwhile deteriorated at the steepest pace since March 2009 ou... Read More

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Content Topics

France

October

Final

Manufacturing

42 Prelim

Forex

Posted: Nov 2 2023, 08:50

Author Name: forexlive

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