Insights on France's Manufacturing PMI for June: Final Numbers Revealed
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France Manufacturing PMI Report:
The latest data released by HCOB on July 1, 2024, provides insights into France's manufacturing Purchasing Managers' Index (PMI) for June. The final figure of 45.4, compared to the preliminary 45.3, hints at a slight improvement in the sector, although it remains below the growth threshold.
Key Points:
- PMI Increase: The final PMI rose marginally from the initial estimate, signaling some resilience in French manufacturing.
- Cautionary Outlook: Despite the uptick, the figure still points to a contraction in the sector, highlighting ongoing challenges.
Investors and analysts are advised to track these developments to understand the evolving economic landscape in France and its potential implications for the wider Eurozone region.