1 March 2006, 12:29  French Feb manufacturing PMI 52.2 vs 50.7 in Jan, beating forecasts

The French manufacturing sector purchasing managers' index rose to a seasonally adjusted 52.2 in February from 50.7 in January, according to market sources A consensus forecast economists showed they expected a February level of 51.4 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 in around 450 companies by purchasing managers' assocation CDAF

© 1999-2024 Forex EuroClub
All rights reserved