France HCOB Manufacturing PMI
Source: S&P Global
The Manufacturing Purchasing Managers Index (PMI) released by S&P Global and Hamburg Commercial Bank (HCOB) captures business conditions in the manufacturing sector. As the manufacturing sector dominates a large part of the total GDP, the manufacturing PMI is an important indicator of business conditions and the overall economic condition in France. A result above 50 signals is bullish for the Euro, whereas a result below 50 is seen as bearish.
HCOB Manufacturing PMI
FRANCEEUR
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n/aConsensus
49.5
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