Recent PMI data for France underscores a deepening economic downturn. Manufacturing PMI dropped to a 42-month low, down from 42.8 to 42.6 in October, while Services PMI exhibited a negligible rise from 45.2 to 45.3. Composite PMI edged down from 44.6 to 44.5, signaling sustained contraction in the economy. Norman Liebke, Economist at Hamburg Commercial […]
The post France PMI composite falls to 44.5, continued contraction in a dead-end appeared first on Action Forex.