French manufacturing sector growth stabilises in April

The IHS Markit France Manufacturing Purchasing Managers’ Index (PMI) posted 53.8 in April to signal a nineteenth consecutive improvement in the overall health of the French manufacturing sector.

Istanbul, May 2 (DHA) - The IHS Markit France Manufacturing Purchasing Managers’ Index (PMI) posted 53.8 in April to signal a nineteenth consecutive improvement in the overall health of the French manufacturing sector. The index reading was only fractionally higher than March’s 12-month low of 53.7, but ended a three-month sequence of slower growth. The improvement in business conditions remained broad-based across each of the three sub-sectors, spearheaded by investment goods.

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