• The French manufacturing sector’s strong 2017 continued at the end of the third quarter says Markit

Market news

2 October 2017

The French manufacturing sector’s strong 2017 continued at the end of the third quarter says Markit

Growth continued to be driven by sharp rises in both domestic and foreign demand. As a result, firms enhanced their operating capacity by taking on more staff and raising their input buying, which in turn led to a marked rise in output. Meanwhile, input price inflation intensified amid reports of higher raw material prices. Concurrently, business confidence remained robust and rose from August's sevenmonth low.

The IHS Markit France Manufacturing Purchasing Managers' Index posted 56.1 in September to signal a further improvement in the overall health of the French manufacturing sector. The index was up from August's reading of 55.8 and the highest since April 2011.

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