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- June’s flash France PMI data pointed to a further improvement - Markit
June’s flash France PMI data pointed to a further improvement - Markit
June's flash France PMI data pointed to a further improvement in private sector conditions in France. Indeed, the latest expansion extended the period of private sector growth to one year.
The IHS Markit Flash France Composite Output Index, based on around 85% of normal monthly survey replies, registered 55.3 in June. Although down from May's six-year peak of 56.9, the rate of increase remained marked overall. Service sector activity rose for the twelfth time in as many months in June. The rate of growth remained marked, despite easing to a five-month low. Manufacturing output also continued to increase markedly, but at a fractionally softer pace than in the previous month.
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