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
Click here for LIVE coverage of all of the global PMI reports >
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.