• France’s final manufacturing PMI decreases to 49.6 in March

Market news

1 April 2016

France’s final manufacturing PMI decreases to 49.6 in March

Markit Economics released its final manufacturing purchasing managers' index (PMI) for France on Friday. France's final manufacturing purchasing managers' index (PMI) decreased to 49.6 in March from 50.2 in February, in line with the preliminary reading.

The index was driven by drops in new business and output prices. Output rose slightly.

"Although output returned to growth in March, a sharper fall in new orders dragged the PMI below the neutral 50.0 mark and highlighted the ongoing weakness of demand facing manufacturers," 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.