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France September flash services PMI 43.9 vs 46.0 expected
Prior 46.0Manufacturing PMI 43.6 vs 46.0 expectedPrior 46.0Composite PMI 43.5 vs 46.0 expectedPrior 46.0Things are just getting worse for the euro area economy as the French services sector plunges deeper into contraction territory towards the end of Q3. Both the headline and composite readings are at their respective 34-month lows while the manufacturing reading is a 40-month low. Ouch. The euro has fallen on the data with EUR/USD down 0.3% to 1.0620 levels now, from around 1.0665 earlier.HCOB...
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Posted: Sep 22 2023, 07:15
Author Name: forexlive
Views: 112861