French PMI inches up to 44 in March (flash 43.9) from 43.9 in February, with the average Q1...

|By:, SA News Editor

French PMI inches up to 44 in March (flash 43.9) from 43.9 in February, with the average Q1 reading coming in at 43.6, the the lowest since a print of 43.1 in Q2 2009. March's "very slight improvement...does little to disguise an ongoing sharp deterioration," says Markit, with output, new orders and employment falling further. (PR)