French manufacturing PMI drops to seven-month low

Source: Investing.com
© Scanpix/Reuters
In France, manufacturing sector contracted to the lowest level in seven months. Manufacturing PMI dropped from 48.2 in June to 47.6 in July. It had been forecast to be at 48.1, therefore being inferior to what analysts expected. However, the Services PMI increased from 48.2 to 50.4 this month. Values over 50 show industry growth, if below, they show contraction. After the release, the Euro traded at 1.3453.
Back to articles

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.