French Manufacturing Has Its Best Month In 4 Months, And It's Still Completely Dismal

French manufacturing had its best month in 4 months.

And it’s still totally dismal.

The country’s PMI index rose to 44.4, from 44.

Unfortunately, anything below 50 is contraction, so this is very steep contraction.

Via Markit, here’s a summary.

Markit

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