Frances Economy Remains Weak: Flash PMI Manufacturing - TopicsExpress

Frances Economy Remains Weak: Flash PMI Manufacturing activity in France remained weak in December but booked a better result compared to the previous month, a preliminary survey by Markit Economics showed on Friday. The flash manufacturing PMI in France came in at 49.5 in the first month of the year, up from the final 47.5 seen in December. Markets had expected a 48.0 reading. The indicator is a key gauge of overall economic health because businesses have to respond quickly to changing market conditions. The French manufacturing sector has now been in contraction territory, below the 50-mark, since May last year. read more : forex-tsd/general-discussion/92300-eur-usd-news-217.html#post724351

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