1 June 2001, 12:05 French May manufacturing PMI 48.1 vs revised 49.4 for April
PARIS (AFX) - The French manufacturing sector purchasing managers'
index fell to a seasonally adjusted 48.1 in May from a revised 49.4 in
April according to market sources.
A reading above 50 indicates that the manufacturing sector is
generally expanding, while a reading below 50 suggests that it is
generally contracting.
The index is based on a questionnaire sent to purchasing managers
at around 450 companies by purchasing managers' association CDAF.
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