Thursday, May 21, 2015

Moderate growth in French flash manufacturing PMI

The key points of the French flash manufacturing PMI report are:

 Flash France Composite Output Index rises to 51.0 (50.6 in April), 2-month high.
 Flash France Services Activity Index climbs to 51.6 (51.4 in April), 2-month high.
 Flash France Manufacturing Output Index rises to 48.3 (46.6 in April), 4-month high.
 Flash France Manufacturing PMI climbs to 49.3 (48.0 in April), 12-month high.

In addition to those, what caught my eye was:

"Business expectations in the French service sector climbed to a 38-month high in May. Product diversification, new staff recruitment and improved demand conditions are among the factors set to support activity growth according to panellists."


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