France's Manufacturing PMI Falls To 44.7, 'Staffing Levels Decline At Fastest Pace Since September 2009'

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Photo: Wikimedia Commons

France’s May manufacturing PMI came in at 44.7, down from 46.9 in April.However, it was marginally better than the 44.4 that economists were expecting.

Key points from Markit:

  • Marked falls in both output and new orders
  • Staffing levels decline at fastest pace since September 2009
  • Price pressures ease further
france chart

Photo: Markit

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France’s May manufacturing PMI number comes out at 3:50 AM EST.

Economists are looking for a read of 44.4, down from 46.9 in April.

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