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<Econ> France's March S&P Manufacturing PMI Final Revised Slightly Down to 50, Below Expectations
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S&P Global announced that the seasonally adjusted final value of France's March S&P Manufacturing PMI was slightly revised downward from the previous value of 50.1 to 50, falling short of the market expectation that it would confirm the preliminary value of 50.2. This indicates that the performance of French manufacturing companies was stagnant in March. Due to the impact of the Iran conflict, French manufacturing companies faced a sharp rise in operating costs and severe disruptions in the supply chain during the period. Input cost inflation accelerated to the highest level since the end of 2022, and the extension of supplier delivery times reached the largest margin in over three years. Output contracted again, new orders plummeted, and business confidence fell to a five-month low. Factory employment numbers slightly decreased again. (da/u) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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