Thu, 23 Jan 2014 10:10:19 GMT
French manufacturing declines on much slower pace
Manufacturing sector of France continues to register a decrease in overall activity, however, the decline slowed in January amid opinions that the economy is recovering faster than predicted. The benchmark PMI Index, which measures the activity in this sector, rose to 48.8 points in January versus 47 a month ago. Analysts forecasted narrower increase of the gauge to 47.5 points.