The French flash manufacturing PMI was 49.5. This is a good improvement from the prior period`s 47.5 and the forecasted 48.1. Like my post on the HSBC flash manufacturing PMI, a green figure does not necessary mean it is good. As PMI is an index, a figure below 50 indicates a contraction in the economy. However, the contraction is falling. The full report can be found here.
In Germany, the growth dropped to 51.0. This is slightly lower than forecast and previous period`s figure. The full report can be found here.
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