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<Econ> France Apr Composite PMI Flash Falls to 47.6, Hits 14-Month Low
S&P Global announced that France's flash Services PMI for April fell to 46.5 from 48.8 in March, below market expectations of 48.5 and marking a 14-month low, indicating subdued pe...
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<Econ> France Apr Composite PMI Flash Falls to 47.6, Hits 14-Month Low
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S&P Global announced that France's flash Services PMI for April fell to 46.5 from 48.8 in March, below market expectations of 48.5 and marking a 14-month low, indicating subdued performance in the services sector amid the Iran war.

France's flash Manufacturing PMI for April rose to 52.8 from 50 in March, beating expectations. Factory orders expanded for the first time in nearly four years, as customers brought forward purchases to cope with anticipated shortages and price increases.

However, France's flash Composite PMI for April declined to 47.6 from 48.8 in March, below market expectations and also a 14-month low, suggesting that inflationary pressures stemming from the Iran war are affecting businesses. (mn/j)



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.

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