• France's preliminary PMIs climb in June

Market news

23 June 2015

France's preliminary PMIs climb in June

France's preliminary manufacturing PMI rose to 50.5 in June from 49.4 in May, beating forecasts of a rise to 49.5.

France's preliminary services PMI increased to 54.1 in June from 52.8 in May, beating expectations for a decline to 52.6. It was the highest level since August 2011.

The Senior Economist at Markit Jack Kennedy said that "the figures bode well for second quarter GDP".

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