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France’s June Manufacturing PMI Weakened Drastically—Why?

Sarah Sands
France’s June Manufacturing PMI Weakened Drastically—Why?

According to the data provided by Markit Economics, the final Markit France manufacturing PMI (purchasing managers’ index) witnessed a weak improvement in June. It stood at 52.5 in June compared to 54.4 in May. The PMI figure didn’t beat the preliminary market estimate of 53.1.