Seeking Alpha

French manufacturing PMI better than first thought

  • French manufacturing PMI rose to 49.8 (flash 49.5) in September from 49.7 in August.
  • A rise in new orders for the first time in over two years suggests that conditions in the sector are stabilizing," says Markit. "A sharp fall in stocks of finished goods suggests that production will have to be raised soon if demand continues to hold up."
  • ETF: EWQ
  • CAC 40 +0.7%. (PR)
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