• France’s final manufacturing PMI remains unchanged at 50.6 in October

Market news

2 November 2015

France’s final manufacturing PMI remains unchanged at 50.6 in October

Markit Economics released its final manufacturing purchasing managers' index (PMI) for France on Monday. France's final manufacturing purchasing managers' index (PMI) remains at 50.6 in October, down from the preliminary reading of 50.7.

Output and new orders increased, while employment declined at the fastest pace since December 2014.

"Although remaining inside expansion territory, growth continues to be fragile. The fact that employment fell at the sharpest rate in ten months suggests that firms are hardly gearing up for a sustained upturn," Markit Senior Economist Jack Kennedy said.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.