23.06.2025 07:43
France's June composite Purchasing Managers' Index (PMI) registered a disappointing 48.5, according to recently released data. This figure fell short of the initially predicted 49.3, indicating a contraction in the country's overall economic activity.
The services sector mirrored this downturn, with its PMI settling at 48.7, slightly below the anticipated 49.2. This suggests weakening demand and a less vibrant performance across France's service-based industries.
Further analysis revealed that the manufacturing sector also experienced a contraction, recording a PMI of 47.8 against a projected 50.0. This underscores significant challenges facing France's manufacturing base during June. The figures collectively paint a concerning picture of the French economy's current state. These findings originate from internet sources.