France’s final manufacturing PMI climbs to 50.7 in June

Market news

1 July 2015

France’s final manufacturing PMI climbs to 50.7 in June

Markit Economics released its final manufacturing purchasing managers' index (PMI) for France on Wednesday. France's final manufacturing purchasing managers' index (PMI) rose to 50.7 in June from 49.4 in May, up from the preliminary reading of 50.5. It was the first reading above 50 since April 2014.

"The French manufacturing sector edged further in the right direction during June, with output and new orders broadly stabilizing. This was reflected in firms' hiring decisions, with the rate of job shedding easing to a marginal pace," Markit economist Jack Kennedy said.

Markit/Chartered Institute of Procurement & Supply manufacturing PMI for the U.K. drops to 51.4 in June, the lowest level since April 2013

Germany’s final manufacturing PMI increases to 51.9 in June

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