France manufacturing PMI 44.6 (flash 44.6) in December vs 44.5 in November. While the fall in...

|By:, SA News Editor

France manufacturing PMI 44.6 (flash 44.6) in December vs 44.5 in November. While the fall in output slowed down, new orders declined at the sharpest rate since March 2009. "The outlook heading into 2013 appears gloomy amid a number of significant headwinds...including a deteriorating labor market, weak consumption and fragile demand" in Europe, says Markit. (PR)