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France October flash services PMI 46.1 vs 44.6 expected

Prior 44.4Manufacturing PMI 42.6 vs 44.4 expectedPrior 44.2Composite PMI 45.3 vs 44.4 expectedPrior 44.1It is a bit of a contrast as the French services sector contracts at a slower pace in October, beating estimates, while the manufacturing sector slumped further to a 41-month low. At the balance, it still sees the French economy improve slightly to start Q4 but it's not entirely optimistic. HCOB notes that:“The French economy is still feeling the heat at the start of the fourth quarter. While... Read More

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Content Topics

France

October

Flash

Services

46

44 Expected

Forex

Posted: Oct 24 2023, 07:15

Author Name: forexlive

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