- French manufacturing PMI fell to 51.2 (flash 50.9) in April from 52.1 in March.
- Output and new orders rose at weaker rates and employment dropped slightly, while input and output prices declined at sharper rates.
- "With panelists reporting a continued cautious outlook among clients, the recovery seems to be struggling to gain traction," says Markit. "Until confidence begins to strengthen, prospects for the sector look set to remain subdued."
- The CAC 40 (EWP) is -0.45%. (PR)