MarketsConfirmedMedium

French Composite PMI rises to 49.6 in July

The French composite Purchasing Managers' Index increased to 49.6 in July from 47.2 in June, signaling a moderation in the pace of economic contraction. While the index remains below the 50-point threshold indicating expansion, the improvement suggests a potential stabilization in business activity.

Dagens Industri1 day agoFRCredibility 27%View source

Score Breakdown

Mosaic Score8.7

Confidence0.9

Significance0.5

Source credibility0.3

Intelligence Tags

#pmi #france #macroeconomics #business-activity

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Source

Part of 2 situations

activeEnergyClimate9h ago

France — 4 developments

→ stable·10 signals·FR, USScore 6.8

activeMarkets9h ago

Global PMI Trends: US Accelerates, France Moderates Contraction in July

The US private sector demonstrated accelerated growth in July, with the preliminary S&P Global Composite PMI rising to 53.6, exceeding expectations and reaching an eight-month high. Conversely, France's Composite PMI improved to 49.6, indicating a moderation in the pace of economic contraction, though remaining below the expansion threshold. The divergence between robust US growth and continued, albeit moderating, contraction in France highlights varied economic trajectories.

→ stable·4 signals·US, FRScore 6.6